FM sets up another panel to control Black money transits

Facing flak from civil society for not doing enough to deal with the menace of black money, the government today announced setting up of another panel to suggest ways to trace tax defaulters, reveal their identity to the public and recover taxes.

The committee, set up by Central Board of Direct Taxes (CBDT) in the Finance Ministry, will also look into the possibility of putting the list of “chronic defaulters” in public domain.

The announcement comes on a day when social rights activist Anna Hazare is sitting on a day-long fast at Rajghat to protest against the police excesses on followers of yoga guru Ramdev last Saturday.

Hazare has spearheaded the agitation for enacting a Lokpal Bill to tackle corruption at high places.

Tags: black moneyCommittee for Black Money

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