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Declarations and payments made under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015

Income Tax - Press Release - Dated:- 6-1-2016 - Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 6th January, 2016 Subject: - regarding. The Black Money (Undisclosed Foreign Income a .....

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declarations were made under the compliance window provided in the Act which closed on 30th September, 2015. The amount involved in these 644 declarations was 4,164 crores. The declarants were liable to pay tax at the rate of 30 percent and a like am .....

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