New Delhi, Feb 28 : Finance Minister Arun Jaitley Saturday said the government was committed to tracing black money stashed abroad and a comprehensive new law will be framed to track it.

\"On black money, a new structure including e-filing and tracking down is our abiding commitment,\" Jaitley said in his budget speech.

He said a \"comprehensive new law to track black money\" would be framed.

He also said there will be rigorous imprisonment of 10 years under black money law.

The finance minister said a benami property transaction bill will be brought to tackle black money transactions in real estate.

New law to track black money: Jaitley