The Government has taken several measures to effectively deal with the issue of black money, particularly black money stashed away abroad. Such measures include
An Inter-Governmental Agreement between India and USA was signed for implementation of Foreign Account Tax Compliance Act (FATCA). The Government of India has also
A meeting of the Financial Stability and Development Council (FSDC) Sub-committee was held in Mumbai. The meeting was chaired by Dr. Raghuram Rajan, Governor,