New Delhi, Feb 28 (IANS) Finance Minister Arun Jaitley Saturday said the government was committed to tracing black money stashed abroad and a comprehensive new law will be framed to track it.
"On black money, a new structure including e-filing and tracking down is our abiding commitment," Jaitley said in his budget speech.
He said a "comprehensive new law to track black money" would be framed.
He also said there will be rigorous imprisonment of 10 years under black money law.
The finance minister said a benami property transaction bill will be brought to tackle black money transactions in real estate.
Don’t panic, stay invested: What to keep in mind for your money during Covid-19 outbreak
घरेलू इक्विटी बाजारों ने इस महीने की शुरुआत से 32% सही किया है। इस तेज सुधार ने
Russia-Ukraine War Updates: NATO's big bet to surround Putin, Sweden, and Finland will get fast-track membership
More than 80 days have passed since the Russo-Ukraine war. Even after passing so much time, the heat of the war does not seem to be diminishing. Western countries are taking various measures to
50 illegal colonies made by cutting a plot in Gurugram in one and a half months, revealed in the survey of the district town planner
Even after strict enforcement of Gurugram District Town Planner, land mafia cutting illegal colonies are active. In one and a half months, 50 illegal colonies were developed on more than 100 acres of
PM Modi: PM Modi's post on India's Asia Cup win goes viral, reposted 1.09 lakh times
Prime Minister Narendra Modi's congratulatory message to the Indian cricket team for winning the Asia Cup final against Pakistan has gone viral. PM Modi's tweet has been reposted nearly 109,000 times
Mukesh Ambani and Jeff Bezos, the world's two wealthy, face to face and Big Bazaar in between
The biggest rich in the world and the biggest rich in India are face to face and in the middle are 'Retail King of India' Kishore Biyani and his Big Bazaar.
'Adulteration in Tirupati Laddu is an attack on Sanatan Dharma', Pawan Kalyan also targeted Udhayanidhi Stalin.
Andhra Pradesh Deputy Chief Minister Pawan Kalyan on Thursday said that the case of adulteration in Tirupati Laddu is an attack on Sanatan Dharma in the last five years. This matter is just a drop in
North Korea's biggest missile parade: ICBM display in presence of dictator Kim Jong, a prototype of solid-fuel missile also seen
A military parade was held on Wednesday to mark the 75th anniversary of the establishment of the army in North Korea. During this, about 1 dozen Intercontinental Ballistic Missiles (ICBMs) were
Today's IPL debut with MI vs RCB: Rohit's team could not win their first match since 2013, won the title 5 times since then; Virat's team lost the IPL opening match 3 times
The 14th season of the Indian Premier League (IPL) is going to start from today. The first match will be played between Mumbai Indians (MI) and Royal Challengers Bangalore (RCB) in Chennai from 7.30
Joshimath Sinking: If Chet had been alert 47 years ago, the devastation would not have happened, the Mishra Committee warned about the dangers, explained the reason
Had the system been alerted 47 years in advance about the landslide happening in Joshimath town of Chamoli district bordering China, this situation would not have come today.
Durand Line: Clash between Pakistan and Taliban army, dispute over the closure of Torkham Gate on Durand Line
The case of a skirmish between Pakistan and Afghanistan has once again come to the fore on the Durand Line. Clashes broke out between Islamic Emirate forces and Pakistani border guards after the
