Enforcement agencies can attach assets held abroad illegally

February 28, 2015 12:15

BSE Bankex up 1%; Bank of Baroda, Canara Bank, PNB, Axis Bank, ICICI Bank, Bank of India, SBI, IndusInd Bank, Yes Bank, Kotak Bank, HDFC Bank up 0.1-4%
Stringent measures against holders of black money, foreign assets
Undisclosed Income to be taxed at maximum marginal rate, deductions and exemptions for such income wont be allowed

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