https://www.taxtmi.com/news?id=3370 The White Paper treats black money as assets not reported to public authorities, arising either from illegal activity or from under reported legitimate income, and sets out a five pronged framework: international engagement for transparency and information exchange; strengthening tax and anti money laundering legislation including GAAR and benami laws; building institutional capacity across tax, customs, enforcement and intelligence agencies; deploying integrated data systems and reporting mechanisms; and enhancing skills for investigation and prosecution to prevent generation, detect evasion, and facilitate repatriation of illicit assets. en-us Mon, 21 May 2012 14:44:26 +0530 Wed, 11 Feb 2026 15:56:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3370 The White Paper treats black money as assets not reported to public authorities, arising either from illegal activity or from under reported legitimate income, and sets out a five pronged framework: international engagement for transparency and information exchange; strengthening tax and anti money laundering legislation including GAAR and benami laws; building institutional capacity across tax, customs, enforcement and intelligence agencies; deploying integrated data systems and reporting mechanisms; and enhancing skills for investigation and prosecution to prevent generation, detect evasion, and facilitate repatriation of illicit assets. News - Mon, 21 May 2012 14:44:26 +0530 https://www.taxtmi.com/news?id=3370