According to source the bill is expected to be introduced in the ongoing Parliament session.
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"It is our endeavour to introduce the Bill in the first leg of the Budget Session... before Parliament goes for recess," Revenue Secretary Shaktikanta Das had said while addressing a CII event last week in Chennai.
Finance Minister Arun Jaitley in his budget speech had announced that the government would come out with a new law to effectively deal with the black money stashed abroad. The proposed law will have a provision of 10-year rigorous imprisonment for concealment of overseas assets. The first leg of the ongoing Budget Session of Parliament ends on March 20.
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