New anti-black money bill in parliament soon

Posted on 12th Mar 2015 01:06 pm by mohit kumar

Chennai, March 11 (IANS) The central government will soon introduce a new bill in parliament to curb black money, a senior bureaucrat said here on Wednesday.

Speaking to reporters Shaktikanta Das, secretary, department of revenue, ministry of finance said the government will bring the bill against black money and stashing of money abroad soon.

According to Das, the Swiss authorities have agreed in principle to support the Indian investigations into money stashed abroad.

Earlier speaking at an interactive session organised by Confederation of Indian Industry (CII), Das said the work pertaining to the introduction of Goods and Services Tax (GST) regime from April 1, 2016 is on.

He said the government will also announce the roadmap removing the tax exemptions which in turn would close large number of tax related litigations.

Other news

Stopped demolition of 2 luxury hotels in Joshimath: 678 buildings unsafe, a scientific study completed; Some areas will also be sealed

The demolition of two hotels in Uttarakhand's Joshimath was stopped on Tuesday after protests by

Corona Updates: 6,396 new cases were reported in the country, only 5% of the vaccinated people in Maharashtra had to be admitted due to Omicron

Corona cases are continuously decreasing in the country. During the last 24 hours, there were 6,3

Israel received only Rs 3800. Created a corona kit, after blowing it tells in a minute whether you are positive or not

Researchers at Ben-Gurion University of Israel have created an electro-optical corona test kit th

Lal Kuan is the new epicentre of migrant exodus from Delhi

आधिकारिक तौर पर कहा गया है कि दिल्ली �

Uttarakhand Weather Update: Effect of the jet stream in India, severe heat, the possibility of melting icebergs and avalanches

Uttarakhand Weather Update: The increasing indifference to the weather in Uttarakhand is surprisi

Parliament Security Breach: 'Sir, sir you are saying you are not answering, now I tell you...' Rajya Sabha Chairman got angry at this statement of Jaya Bachchan

So far 141 MPs have been suspended following the uproar over Parliament security lapses. These su

Wind energy industry seeks stable policy

Bengaluru, March 10 (IANS) The wind energy industry has s

India China Relation: External Affairs Minister S Jaishankar bluntly, accommodates each other in the interest of both India and China

External Affairs Minister S Jaishankar on Wednesday said it is in the mutual interest of both Ind

Dhami government's action against illegal madrasas continues in Uttarakhand, three madrasas sealed in Kaladhungi.

Action is being taken against illegal madrasas and encroachment in the state. On Monday, the admi

Saradha scam: ED grills painter Shuvaprasanna

Kolkata, March 23 (IANS) The ED, probing the money trail in the multi-crore-rupee Saradha scam,