Departing from India? Clearance certificate under Black Money Act required – Times of India
MUMBAI: The Budget has tightened the provisions relating to clearance certificates that are required when departing from India. From October 1, a clearance certificate giving a clean chit under the Black Money Act will be required for persons domiciled in India, who are leaving India.At present, under section 230 of the Income-tax (I-T) Act, a…