What is the quantum of the Final reward for information on undisclosed foreign income/assets liable under the Black Money (Undisclosed Foreign Income and Assets) Act, 2015?
The maximum amount of reward payable to an informant who has furnished information about undisclosed foreign income or assets of a person liable to tax in India under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, shall not exceed 10% of the additional taxes levied and realised under the said Act, which are directly attributable to the information furnished by him, subject to a ceiling of Rs. 5 crores after the assessment has become final on the issues relevant for determination of reward by appeals, revision, rectification etc.​​