The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act `2015

An Act to make provisions to deal with the problem of the Black money that is undisclosed foreign income and assets, the procedure for dealing with such income and assets and to provide for imposition of tax on any undisclosed foreign income and asset held outside India and for matters connected therewith or incidental thereto.

List of Chapters & Sections

  1. PRELIMINARY

  2. BASIS OF CHARGE

  3. TAX MANAGEMENT

  4. PENALTIES

  5. OFFENCES AND PROSECUTIONS

  6. TAX COMPLIANCE FOR UNDISCLOSED FOREIGN INCOME AND ASSETS

  7. GENERAL PROVISIONS