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Amendment in Law to Prevent Black Money.

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....mendment in Law to Prevent Black Money. <br>News and Press Release<br>Dated:- 5-8-2011<br><BR>Press Information Bureau Government of India Ministry of Finance 05-August-2011 17:50 IST Amendment in....

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.... Law to Prevent Black Money A Committee headed by the Chairman, CBDT has been constituted to examine ways to strengthen laws to curb generation of black-money in India, its illegal transfer abroad an....

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....d its recovery. The Committee shall examine the existing legal and administrative framework to deal with the menace of generation of black money through illegal means including inter alia (a) declarin....

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....g wealth generated illegally as national asset: (b) enacting/amending laws to confiscate and recover such assets; and (c)exemplary punishment against its perpetrators. The Committee shall consult all....

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.... stakeholders and submit its report within a period of six month. This information was given by the Minister of State for Finance, Shri S.S.Palanimanickam in written reply to an Unstarred Question in....

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.... Lok Sabha today. DSM/PM<BR> News - Press release - PIB....