<h1>Government Strengthens Fight Against Black Money with New Laws, Special Investigation Team, and International Cooperation.</h1> The government has implemented several measures to address black money stashed abroad, focusing on legislative and administrative frameworks. Key initiatives include the formation of a Special Investigation Team on Black Money, the enactment of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, and the establishment of a Multi-Agency Group to investigate Panama Papers revelations. Efforts also involve international cooperation for information exchange, enforcement actions, and the introduction of the Income Declaration Scheme. These measures have led to significant disclosures, tax collections, and prosecutions, enhancing the government's ability to combat black money effectively.