The government has taken several legislative, administrative and technological measures to eliminate corruption and black money. Amongst the legislative measures the principal ones are formulation a) Black Money (Undisclosed Foreign Income and Assets) Imposition Act, 2015 b) Benami Transactions (Prohibition) Amendment Act, 2016 c) Securities Laws (Amendment) Act, 2014 and d) the Specified Bank Notes (Cessation of Liabilities Act), 2017 etc.
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Recent Developments In the last four years, the India government has taken a series of steps to check black money generation. Performance of the government of India with respect to fight against black .... |
