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4. The recently enacted Foreign Income and Assets (Imposition of Tax) Act, 2015 can act as a deterrent against future evasions but as far as bringing back the money stashed abroad is concerned, it has it’s set of limitations. Identify and discuss those limitations. Also suggest a roadmap that should be pursued in dealing with the menace of black money.

  • IASbaba
  • October 10, 2016
  • 19

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