It will not reduce capital flight, only encourage malfeasance
Parliament yesterday approved a provision that will allow black money holders to legalise their undisclosed wealth without any scrutiny by paying a 15 percent tax, disregarding widespread condemnation from various quarters.
It will not reduce capital flight, only encourage malfeasance
Parliament yesterday approved a provision that will allow black money holders to legalise their undisclosed wealth without any scrutiny by paying a 15 percent tax, disregarding widespread condemnation from various quarters.