Black money disclosures News

Promising confidentiality on black money disclosures, government Monday said it is willing to walk the extra mile to address any concerns and incorporate "positive suggestions" on the one-time compliance window provided to undeclared wealth holders to come clean.

Finance Minister Arun Jaitley on Wednesday said the domestic black money holders being offered a limited period compliance window to come clean is not an amnesty scheme as disclosures will be charged at 45 percent as against the normal rate of 30 percent.