Headline • After the UAE, Russia will now give PM Modi the highest civilian honor• India again surprised the world by testing the weapons of space• 17 years later, China felt a big blow economic situation is very weak• Supreme Court gives relief to cricketer Sreesanth in spot-fixing• Aamir Khan gave statement on Kangana Ranaut's resentment• No change in government stand on Article 35A• SP-BSP alliance in Madhya Pradesh and Uttarakhand• Arjun Kapoor and Abhishek Bachchan praise Akshay Kumar's trailer for the film Kesari• BJP government raises EPF interest rates• Uttarakhand Police urges Kashmiri students not to send inflammatory statements on social media• Kulbhushan Jadhav case starts hearing on Monday• Rajiv Saxena gets interim bail till Feb 22 • Vadra wrote on Facebook, handed Priyanka to the people of India, please keep them safe.• J&K : Attack on CRPF team, 7 security personnel and 4 civilians injured• State strike in Uttar Pradesh is illegal: Allahabad High Court• Mamata Banerjee declares victory on Supreme Court order in West Bengal• Tension in Meerut area after breaking Ambedkar statue• INDvsNZ : India won the series 4-1• I will leave politics even after Modi's retirement : Smriti Irani• Don Ravi Pujari arrested from African country Senegal• "I will be back soon" Union Minister Arun Jaitley• Report of the NSSO's unemployment, at the high level of 45 years• Modi government can give big gift to farmers• Akhilesh welcomes Priyanka Gandhi's political entry• Republic Day 2019 : India's power demonstration on Rajpath


In an attempt to curb the black money menace, the cabinet on Tuesday approved a new Bill giving the tax department more powers in tracking illicit wealth stashed abroad and provide for strict penal actions for such offence.

Sources said that the Cabinet approved the Foreign Income and Undisclosed Assets (Imposition of New Tax) Bill, 2015 on Tuesday evening and it could be tabled in the Lok Sabha during the ongoing session.

Finance Minister Arun Jaitley had announced in his Budget speech on February 28 that the government would bring in a comprehensive law to check the black money menace by providing for a jail term of up to 10 years for hiding foreign assets and up to 300 per cent penalty.

"On black money, a new structure including e-filing and tracking down is our abiding commitment", he had said.

With regard to curbing domestic black money, he had said a new and more comprehensive Benami Transactions (Prohibition) Bill would be introduced in the ongoing session of Parliament.

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