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TMI BlogCommittee constituted under chairman, CBDT to examine ways to strengthen laws to curb the generation of black money in the country, its illegal transfer abroad and its recovery.X X X X Extracts X X X X X X X X Extracts X X X X ..... Committee constituted under chairman, CBDT to examine ways to strengthen laws to curb the generation of black money in the country, its illegal transfer abroad and its recovery. X X X X Extracts X X X X X X X X Extracts X X X X ..... ease X X X X Extracts X X X X X X X X Extracts X X X X ..... ration of black money in the country, its illegal transfer abroad and its recovery. The Committee includes Member (L&C), CBDT, Director, Enforcement Directorate(ED), Director General, Directorate o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f Revenue Intelligence (DRI),Director General(Currency), Joint Secretary(FT&TR),CBDT, Joint Secretary,MoL, Director, FIU- IND, all as its Members. The Commissioner of Income Tax (CIT)(Inv),CBDT would ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be its Member Secretary. The Committee will examine the existing legal and administrative framework to deal with the menace of generation of black money through illegal means including, inter alia, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (a) Declaring wealth generated illegally as national asset; (b) Enacting/amending laws to confiscate and recover such assets; and (c) Providing for exemplary punishment against its perpetrator ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s.
The Committee will also consult all the stakeholders and submit its report within a period of six months. X X X X Extracts X X X X X X X X Extracts X X X X
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