Black Money Tax
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Government To Notify Scheme For Taxing Black Money Holders This Week
Government is likely to notify this week the scheme giving tax dodgers another chance to come clean by paying 50 per cent of tax on junked currency deposited in banks post demonetisation.
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Black Money Tax: Government's New Income Declaration Scheme In 10 Points
With the ban on 500 and 1,000-rupee notes now more than two weeks old, the government has proposed new rules to tax black money that is being unearthed. The bill was submitted on Monday for parliament's review by Finance Minister Arun Jaitley as the government is being attacked by a united opposition over its sudden withdrawal of 86 per cent of the...
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Government Plans Nearly 60% Tax On Unaccounted For Deposits In Banks: Sources
The Cabinet tonight is believed to have discussed amending laws to levy close to 60 per cent income tax on unaccounted deposits in banks above a threshold post demonetisation of high-denomination currency notes.
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Demonetisation: IT Department Notices To Charitable, Religious Organisations
The Income Tax department has issued notices to hundreds of charitable and religious organisations in the country enjoying exemptions on tax paid to inform it about their cash balances as of November 8 when the government demonetised Rs 500 and Rs 1,000 currency notes.
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New Bill Likely to Control Tax Evasion
A month after Parliament passed the black money bill - which targets those curb the stashing of illegal wealth abroad -- a new law is in the pipeline to control tax evasion, sources said.
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Cabinet Clears Bill on Black Money, to be Introduced in Parliament This Session: Sources
The cabinet has cleared the black money bill, which proposes to provide muscle to tax authorities in dealing with people stowing illegal wealth abroad, sources told NDTV. The bill is likely to be introduced in the current session of Parliament, they added.
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Hasan Ali to appear before Enforcement Directorate today
Hasan Ali, the biggest tax evader in the country, will appear before the Enforcement Directorate (ED) again on Sunday.The ED was left red-faced when Hasan Ali, accused of evading taxes worth thousands of crores and links with arms dealer Adnan Khashoggi, walked out on bail on Friday. In lieu of his bail, Mr Khan has been told not to leave Mum...
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Hasan Ali quizzed 18 times, didn't cooperate: Enforcement Directorate
After being rapped by a local court for not doing its "homework", the Enforcement Directorate (ED) today took the line that "certain links" of Hasan Ali Khan needed to be probed as it has a bearing on "national security" and pressed for his 14-day custodial interrogation.The ED also cited alleged non-cooperation by the 53-year-old Pune-based busine...
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Government To Notify Scheme For Taxing Black Money Holders This Week
Government is likely to notify this week the scheme giving tax dodgers another chance to come clean by paying 50 per cent of tax on junked currency deposited in banks post demonetisation.
-
Black Money Tax: Government's New Income Declaration Scheme In 10 Points
With the ban on 500 and 1,000-rupee notes now more than two weeks old, the government has proposed new rules to tax black money that is being unearthed. The bill was submitted on Monday for parliament's review by Finance Minister Arun Jaitley as the government is being attacked by a united opposition over its sudden withdrawal of 86 per cent of the...
-
Government Plans Nearly 60% Tax On Unaccounted For Deposits In Banks: Sources
The Cabinet tonight is believed to have discussed amending laws to levy close to 60 per cent income tax on unaccounted deposits in banks above a threshold post demonetisation of high-denomination currency notes.
-
Demonetisation: IT Department Notices To Charitable, Religious Organisations
The Income Tax department has issued notices to hundreds of charitable and religious organisations in the country enjoying exemptions on tax paid to inform it about their cash balances as of November 8 when the government demonetised Rs 500 and Rs 1,000 currency notes.
-
New Bill Likely to Control Tax Evasion
A month after Parliament passed the black money bill - which targets those curb the stashing of illegal wealth abroad -- a new law is in the pipeline to control tax evasion, sources said.
-
Cabinet Clears Bill on Black Money, to be Introduced in Parliament This Session: Sources
The cabinet has cleared the black money bill, which proposes to provide muscle to tax authorities in dealing with people stowing illegal wealth abroad, sources told NDTV. The bill is likely to be introduced in the current session of Parliament, they added.
-
Hasan Ali to appear before Enforcement Directorate today
Hasan Ali, the biggest tax evader in the country, will appear before the Enforcement Directorate (ED) again on Sunday.The ED was left red-faced when Hasan Ali, accused of evading taxes worth thousands of crores and links with arms dealer Adnan Khashoggi, walked out on bail on Friday. In lieu of his bail, Mr Khan has been told not to leave Mum...
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Hasan Ali quizzed 18 times, didn't cooperate: Enforcement Directorate
After being rapped by a local court for not doing its "homework", the Enforcement Directorate (ED) today took the line that "certain links" of Hasan Ali Khan needed to be probed as it has a bearing on "national security" and pressed for his 14-day custodial interrogation.The ED also cited alleged non-cooperation by the 53-year-old Pune-based busine...
