Governing administration proposes Draft Month-to-month bill on Fugitive Financial Offenders

The proposed legislation shall be relevant in instances where the value of offenses is round Rs one hundred crore.

Previously the Finance Minister Arun Jaitley in 2017-18 Price vary speech has announced that legislative adjustments or even a new legislation to confiscate the property of such fugitives.

It seeks to discourage economic offenders from evading the plan of action of Indian law by fleeing the nation.

Government proposes Draft Invoice on Fugitive Financial Offenders

Governing Administration Proposes Draft Monthly Bill On Fugitive Financial Offenders SMTV24X7