Black money: Today is the last date to disclose your unaccounted foreign assets
The Finance Ministry has warned that failure to declare an undisclosed foreign asset "will entail severe consequences", including higher penalty, prosecution, and may also result in forfeiture of assets under the Prevention of Money Laundering Act.
Sep 30, 2015, 12:50 PM IST
Govt not to extend Sept 30 deadline to disclose foreign assets
Government will not extend the deadline for income tax assesses to disclose unaccounted foreign assets abroad beyond September 30, which is the expiry date of the three-month compliance window to avoid punitive action, a senior tax official said Tuesday.
Sep 22, 2015, 15:56 PM IST
