August 27, 2015 9:21 AM

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Govt expects disclosures under black money window to go up

The Government expects the number of disclosures about unaccounted overseas wealth under the black money window to go up in the last few weeks of the compliance period which ends on 30th September.<br/><br/>Union Revenue Secretary Shaktikanta Das said this at a workshop on the Black Money in Mumbai on Wednesday.<br/><br/>He said, the Government had come out with a 90-day compliance window which provides one-time opportunity before it starts taking stringent measures against black money transactions.<br/><br/>Mr Das said, information provided under the compliance window would be kept confidential.<br/><br/>Mr Das also informed that the Government has already signed the Double Taxation Avoidance Agreements with 94 countries.<br/><br/>

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