[ad_1] The Union government has clarified that tax clearance certificates are not mandatory for all individuals traveling abroad. The Ministry of Finance emphasised that only those involved in financial irregularities or with significant tax arrears are required to obtain such certificates. Recent reports had sparked confusion, suggesting that all international travelers might need to secure […]
Black money tax clearance certificate a must for leaving India from Oct 1: Know about the new rule – CNBC TV18
[ad_1] To strengthen the regulation of foreign assets and ensure tax compliance, the 2024 Union Budget has introduced new rules regarding clearance certificates for individuals domiciled in India who are departing the country. Starting October 1, 2024, these individuals will need to obtain a clearance certificate under the Black Money Act. This certificate will verify […]