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

This bare act provides the full text of The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, incorporating all amendments up to The Finance (No. 2) Act, 2024 (effective from 1 October 2024). The edition also includes the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015 as well as the latest important notification concerning new criminal laws (S.O. 2790(E), dated 16 July 2024). Designed for quick reference and accurate legal understanding, this 2026 edition is an essential resource for practitioners and students dealing with taxation of undisclosed foreign income and assets.

Key Features:

• Contains the updated text of the Black Money Act, 2015 with amendments up to Finance (No. 2) Act, 2024.
• Includes the complete 2015 Black Money Rules for ready reference.
• Provides the latest important notification related to new criminal laws (S.O. 2790(E), 16-7-2024).

This book is suitable for tax practitioners, chartered accountants, legal professionals, compliance officers, law students, and policymakers dealing with issues relating to undisclosed foreign income, assets, and black money regulation.