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<h1>Government Boosts Fight Against Offshore Tax Evasion with New Laws, International Treaties, and Disclosure Opportunities.</h1> The government has enhanced efforts to combat offshore tax evasion and black money through various measures. These include establishing a Special Investigation Team, enacting the Black Money Act of 2015, and amending the Benami Transactions Act. Additionally, the government has improved international cooperation by engaging in tax treaties and agreements like the Multilateral Competent Authority Agreement and FATCA with the USA. These initiatives aim to improve information exchange, enforce laws, and prosecute offenders, with a focus on non-intrusive yet effective enforcement actions. The government also provided a one-time disclosure window for undisclosed foreign assets from July to September 2015.