Pranab tables White Paper on black money in Parl

May 21, 2012 12:15

Just in: Finance minister Pranab Mukherjee has tabled the White Paper on black money in Parliament just now.

The paper is likely to give a comprehensive strategy on bringing back black money stashed abroad. It will also focus on bullion, gold jewellery and the real estate sector and is likely to recommend more transparency in land dealings and regularisation of land registration.

The government had last year formed a committee to examine the black money issue. The report was submitted to the finance ministry earlier this year. The reports say it will provide information about the steps that the government has taken to tackle the issue but may not divulge estimates of the black money stashed abroad, as expert committees are yet to submit their reports.

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