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Economic Security and Black Money · IB ACIO · Question 22 of 30

Economic Security and Black Money: The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 deals with

Step-by-step solution. Economic Security and Black Money for IB ACIO.

Topic
Economic Security and Black Money
Subject
General Studies
Difficulty
Medium
Solve Time
45-60 sec

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Q · Economic Security and Black MoneyMedium · 45s

The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 deals with:

TopicEconomic Security and Black Money
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
From TestChapter Test 1 (Chapter Test)
Test Duration30 min

Step-by-Step Solution

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Every step explained - no skipped algebra.

This law aims to tax undisclosed foreign income and assets and imposes stiff penalties.

Final Answer: Option C - Undisclosed foreign income and assets
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The Black Money (Undisclosed Foreign Income and Assets)… - Economic Security and Black Money (General Studies) Solved Question