The disclosures will enjoy immunity from wealth tax, civil and other taxation laws but there will be no immunity from FEMA, PMLA, narcotics and black money laws.
'This is not only a fight against corruption and black money, this is also a fight against terrorism and counterfeit currencies.'
Political temperatures were soaring in several states that could see close contests, with parties trying to keep their flock together and trading accusations of poaching of MLAs.
The court put various conditions on Khaitan, including that he will not tamper with the evidence or try to contact or influence the witnesses and join the investigation as and when called.
Everybody will say it is a wonderful move going by its stated objective which is to strike at black money but it was not a "thought-through" exercise, said the former Bharatiya Janata Party leader who has often flayed the Modi government's policies.
The move is a continuance of the government steps to clamp down on black money.
SP leader Naresh Agrawal alleged that the government was 'deliberately sitting' over the names that have come to light in the leaked documents from the files of law firm Mossack Fonseca, based in the tax haven of Panama.
Amendments will be tabled in Parliament for approval by Monday or Tuesday.
Jaitley said note ban has compelled people to deposit money into bank accounts.
He termed the Centre's decision to demonetise Rs 500 and Rs 1,000 notes as "surgical strike" on common man's "small savings" and not on "black marketeers".
Sources said the government was keen to tax all unaccounted money deposited in bank accounts after it allowed the banned currency to be deposited in bank accounts during a 50-day window from November 10 to December 30.
Jaitley said it is no surprise that Dr Manmohan Singh is unhappy as 'maximum black money was generated' under his rule.
As yoga guru Ramdev raised the pitch against Congress over the issue of black money, United Progressive Alliance ally Samajwadi Party on Monday said it will support anybody who fights for the cause.
Amid strong attack by Opposition over demonetisation, Prime Minister Narendra Modi on Thursday took to Twitter to assert that the "short term pain" will pave the way for "long term gains" and insisted that farmers, traders and labourers stand to gain from this step.
The income tax department on Friday warned against indulging in cash transaction of Rs 2 lakh or more, saying that the receiver of the amount will have to cough up an equal amount as penalty.
Chidambaram questioned the Narendra Modi government whether its demonetisation decision was designed to convert black money into white.
Mounting a blistering attack on Prime Minister Narendra Modi, Rahul Gandhi on Friday said the demonetisation drive launched by him was "firebombing of 99 per cent honest people" and not a "surgical strike".
A Congress-led opposition on Tuesday came together seeking to pin down the government on the demonetisation issue in the winter session of Parliament beginning tomorrow but a consenses eluded on Trinamoll Congress's proposed march to Rashtrapati Bhawan for meeting the President.
The opposition stated that BJP party members converted their black money by purchasing eight land parcels worth Rs 3.41 crore in Bihar in the run up to the notes ban.
A BJP leader said the money would be spent on welfare schemes for the poor, modernising of defence forces, and improving schools.
'The BJP gets most of its contributions in cash.' 'Now they may show that donations are made in small amounts, less that Rs 20,000, but everyone knows this is just absurd.'
'Post Independence, it is for the first time that people have Rs 500 in their pocket, but the family is sleeping without food.'
Shah said that Modi has always maintained that he is in power to change the country for the better and not merely to run the government.
'People are willing to face temporary inconvenience as they are determined to support PM Modi's crackdown on black money,' Commerce Minister Nirmala Sitharaman tells Archis Mohan.
The total money of Indians fell by 45 per cent during 2016 to CHF 675.75 million, marking the biggest ever yearly decline in such funds.
If the fear of ED could drive the powerful people of today to be honest or at least be minimally corrupt, will it not be a great thing for our nation?, asks Sudhir Bisht.
'People who have unaccounted money often park it in unregulated deposit schemes.' 'Curbing illegal deposit-raising activity will also carry forward the government's drive against black money.'
The 90-day compliance window has been provided for people to pay tax and penalty of 60 per cent on undisclosed overseas assets and come clean.
"In 21st century India, there is no place for corruption. Corruption slows down growth and takes a toll on the dreams of the poor, neo-middle class and middle class," he wrote in an article posted on Linkedin.com.
This is to counter allegations by the Opposition that the BJP had tipped off some of its own leaders about note ban.
IIM-B, professor R Vaidyanathan talks to Shobha Warrier about black money, Mudra Bank and Jaitley's Budget.
Many salaried taxpayers hold the misconception that they don't need to disclose any other income since TDS is deducted from their salary.
The finance minister said while the 10 years of the United Progressive Alliance government were characterised by "policy paralysis", the Modi dispensation introduced structural reforms to make India a developed nation and give it a cleaner economy.
635 declarations of illegal wealth were made in the 3-month compliance window.
'With 27 days to go, the total bank deposits has come tantalisingly close to the Rs 14 lakh crores of banned notes which was in the financial system on November 8.' 'Black money hoarders may have actually laundered their black money into white,' argues Rajeev Sharma.
Herve Falciani, who refused to appear for trial in Switzerland, has been charged of industrial espionage.
The government is doubling down on existing 'temporary' restrictions on the import of gold. Some were introduced under the last administration, and had a transitory effect, reducing gold imports through the official channel.
Rahul Gandhi said Modi should instil confidence in the employees and voters by withdrawing the proposal.
This brings its tax treatment on par with the Prime Minister's National Relief Fund.
Government on Monday asked income tax department to take steps to unearth domestic black money.
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