Black money has been the raging topic these days especially with the Government notifying the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 and the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015 and the Supreme Court also creating a Special Investigation Team to handle the issue of stashing away unaccounted money abroad.
According to experts, unaccounted Indian money abroad is anywhere between $500 bilion to $1.5 trillion. The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 has been enacted to deal with this menace of unaccounted wealth stashed abroad. It provides one last opportunity for people to declare overseas assets under a compliance window that closes on September 30th 2015.
This handbook is intended for readers to know and understand the latest law on black money. Written in a very simple style, the book is likely to benefit the readers across all genres.
I am willing to offer assistance to those readers who in their best of spirits are willing to explore a new world of Professional Opportunities and thereby carve a niche of their own. Let’s together create a whole new world of opportunities.
Knowledge Management has been the key in handling the various pressures of the profession and also in pursuing my passion for the profession. With the same spirit I look forward to join hands with each one of you in building a great professional network that will together enable us to discard the negativities and take our profession forward with reverence and commitment.
In this journey of commitment, I look forward to join hands with members who are good Speakers and Writers, cause knowledge is not just about knowing but more about sharing. Each one of you are a great source of inspiration and so I am willing to get inspired and create a synergy of joint knowledge development programs that will benefit our fraternity at large.
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CA Rajkumar S. Adukia
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