Black Money Act Under Review: Tax Department Examines Overlaps with Income Tax Law

Last updated: 15 October 2025

Fresh Look at One of India's Toughest Tax Laws After a Decade The government has initiated a comprehensive review of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (BMA) - one of India's most stringent anti-evasion laws amid growing concerns over its overlap

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Category Income Tax   Report

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