Central Act

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

An Act to make provisions to deal with the problem of the Black money that is undisclosed foreign income and assets, the procedure for dealing with such income and assets and to provide for imposition of tax on any undisclosed foreign income and asset held outside India and for matters connected therewith or incidental thereto.

Act number22 of 2015
Enacted2015-05-26
In force from2016-04-01
MinistryMinistry of Finance
DepartmentDepartment of Revenue
Sections88
Section text heldRegistry entry; certified PDF held

Other Acts of the Ministry of Finance

Questions this page answers

When did the The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 come into force?

It came into force on 2016-04-01, having been enacted on 2015-05-26.

Which ministry administers it?

The Ministry of Finance (Department of Revenue).

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