Tag:
Black money
Columns
Old Tax Loophole Lets Households Hold ₹1 Crore in Gold Without Proof, Sparking Black Money Concerns
A decades-old tax guideline is allowing Indian households to legally hold significant quantities of gold—worth up to ₹1 crore—without the need for any documentation...
Direct Tax
Black Money Act: Tax Clearance Certificate Mandatory to Fly Abroad
The Union Finance Minister Nirmala Sitharaman has recently proposed an amendment in the Income Tax Act to include Black Money Act, 2015 for Obtaining...