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Arun Jaitley warns of action against those hiding assets abroad

<p>Finance Minister Arun Jaitley on Sunday said that people who had not declared their undisclosed assets in the 90-day compliance window offered by the government will now face the law including penalty and sentence upto 10 years while 638 people who had made the declaration can "now sleep well"</p>

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New Delhi: Finance Minister Arun Jaitley on Sunday said that people who had not declared their undisclosed assets in the 90-day compliance window offered by the government will now face the law including penalty and sentence upto 10 years while 638 people who had made the declaration can "now sleep well".

In an article titled "NDA government's campaign against black money" on his Facebook page, he said that those who had not made the declaration of illegal assets abroad stand the risk of information about them reaching Indian taxation authorities due to several steps taken by the government.

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