Question

Name the law regarding black money which came into effect on November 1.
Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2016
The Taxation Laws (Amendment) Bill, 2016
The Securities and Exchange Board of India (Amendment) Bill, 2016
The Prevention of Money Laundering (Amendment) Bill, 2016
The Benami Transactions (Prohibition) Amendment Act, 2016

Answer 1

The Taxation Laws (Amendment) Bill, 2016  came into effect on November 1.

Answer 2

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Option : 1)

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Name the law regarding black money which came into effect on November 1.

Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2016

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