Regularization of assets under Black Money Act

0
1252

Through a press release dated 10 February, the RBI has invited applications seeking regularization of assets held abroad by a resident of India and declared under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (Black Money Act). The applications are to be addressed to the principal chief general manager of the Foreign Exchange Department (Foreign Investment Division), at the National Internet Exchange of India.

You must be a subscriber to read this content, please subscribe today.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员

The business law digest is compiled by Nishith Desai Associates (NDA). NDA is a research-based international law firm with offices in Mumbai, New Delhi, Bangalore, Singapore, Silicon Valley and Munich. It specializes in strategic legal, regulatory and tax advice coupled with industry expertise in an integrated manner.

Law.asia subscripton ad blue 2022