Black Money Window: No Significant Addition To Rs 65,250 Crore Declarations, Says Report
Business | Press Trust of India | Sunday October 23, 2016
Finance Minister Arun Jaitley had on October 1 announced India's biggest ever black money haul when he disclosed provisional numbers of filings made in the four-month compliance window ended September 30.
Black Money Window: Taxman Scanning Disclosures Filed Through Post
Business | Press Trust of India | Monday October 17, 2016
The Income Tax Department is doing physical verification by calling up declarants in whose name the disclosures have been filed through post to ensure that no one else has filed them fraudulently, a top official said.
Government's Auditor May Review Income Declaration Scheme, Not Individual Disclosures
Business | Press Trust of India | Sunday October 2, 2016
As much as Rs 65,250 crore of undeclared assets were declared through 64,275 declarations through the one-time four-month compliance window provided under the Income Disclosure Scheme (IDS) that ended on September 30.
I-T Department Targeting Small Traders But Not Big Businessmen: Arvind Kejriwal
India News | Press Trust of India | Sunday September 25, 2016
Taking potshots at the Centre over its black money compliance window, Delhi Chief Minister Arvind Kejriwal today alleged IT department is targeting traders across the country to meet its target while big businessmen like Vijay Mallya were going scot-free.
Income Declaration Scheme: Taxman Promises Confidentiality
Business | Press Trust of India | Monday September 19, 2016
With just 11 days to go before closure of the compliance window under the black money scheme, the tax department has started sending SMSes assuring full confidentiality to assessees who want to come clean on their unaccounted wealth.
Information Under Domestic Black Money Scheme Confidential: Government
India News | Press Trust of India | Thursday September 15, 2016
Government today said information about those who declare their black money under the compliance window, ending September 30, will be kept confidential.
Information Under Domestic Black Money Scheme Confidential: Government
Business | Press Trust of India | Monday October 17, 2016
Government said information about those who declare their black money under the compliance window, ending September 30, will be kept confidential.
Taxman Asks Declarants To Hurry As Black Money Window Nears End
Business | Press Trust of India | Monday October 17, 2016
The Income Tax department on Saturday said those holding potential black money should hurry up and declare their stash funds under the one-time domestic compliance window as only 20 days are left for the Income Declaration Scheme (IDS) to close.
Income Declaration Scheme: No Enquiry In Raids If Stash Declared
Business | Press Trust of India | Thursday September 1, 2016
The Central Board of Direct Taxes (CBDT) on Thursday issued a fresh clarification exempting those who declare untaxed assets or income under the ongoing black money declaration window from enquiry during future raids.
Tax Department To Acknowledge Black Money Declarants By August-End
Business | Press Trust of India | Sunday August 14, 2016
Black money holders who have disclosed their ill-gotten assets during July under the ongoing compliance window will receive acknowledgement from the tax department by August 30.
No Collection Target Set For Income Declaration Scheme
Business | Press Trust of India | Sunday August 7, 2016
The Central Board of Direct Taxes (CBDT) has not set any collection or declaration target under the income declaration scheme that closes on September 30.
Black Money Disclosures: Centre Willing To Walk Extra Mile To Address Concerns
Business | Press Trust of India | Tuesday July 26, 2016
Promising confidentiality on black money disclosures, government on Monday said it is willing to walk the extra mile to address any concerns and incorporate "positive suggestions" on the one-time compliance window provided to undeclared wealth holders to come clean.
Black Money: Don't Want To Be 'Big Brother Watching', Says Arun Jaitley
Business | Press Trust of India | Saturday July 23, 2016
Asking people to come clean on unaccounted wealth and live with "heads held high", Finance Minister Arun Jaitley on Saturday said the government is aware of sectors generating black money but it would be unpleasant to start the "big brother watching" process.
Government Detects Nearly Rs 44,000 Crore Undisclosed Income
Business | Press Trust of India | Wednesday July 20, 2016
Undisclosed income of Rs 43,829 crore, both from domestic and foreign sources, has been detected by government in the last two financial years, Parliament was informed on Tuesday.
Taxman To Write To More Than 2.59 Lakh Taxpayers Over Litigation
Business | Press Trust of India | Tuesday July 19, 2016
After unleashing a massive awareness campaign for the one-time black money compliance window, the tax authority will now write to over 2.59 lakh taxpayers to avail benefits of a similar scheme where an estimated Rs 5.5 lakh crore is stuck in litigation.
Black Money Window: No Significant Addition To Rs 65,250 Crore Declarations, Says Report
Business | Press Trust of India | Sunday October 23, 2016
Finance Minister Arun Jaitley had on October 1 announced India's biggest ever black money haul when he disclosed provisional numbers of filings made in the four-month compliance window ended September 30.
Black Money Window: Taxman Scanning Disclosures Filed Through Post
Business | Press Trust of India | Monday October 17, 2016
The Income Tax Department is doing physical verification by calling up declarants in whose name the disclosures have been filed through post to ensure that no one else has filed them fraudulently, a top official said.
Government's Auditor May Review Income Declaration Scheme, Not Individual Disclosures
Business | Press Trust of India | Sunday October 2, 2016
As much as Rs 65,250 crore of undeclared assets were declared through 64,275 declarations through the one-time four-month compliance window provided under the Income Disclosure Scheme (IDS) that ended on September 30.
I-T Department Targeting Small Traders But Not Big Businessmen: Arvind Kejriwal
India News | Press Trust of India | Sunday September 25, 2016
Taking potshots at the Centre over its black money compliance window, Delhi Chief Minister Arvind Kejriwal today alleged IT department is targeting traders across the country to meet its target while big businessmen like Vijay Mallya were going scot-free.
Income Declaration Scheme: Taxman Promises Confidentiality
Business | Press Trust of India | Monday September 19, 2016
With just 11 days to go before closure of the compliance window under the black money scheme, the tax department has started sending SMSes assuring full confidentiality to assessees who want to come clean on their unaccounted wealth.
Information Under Domestic Black Money Scheme Confidential: Government
India News | Press Trust of India | Thursday September 15, 2016
Government today said information about those who declare their black money under the compliance window, ending September 30, will be kept confidential.
Information Under Domestic Black Money Scheme Confidential: Government
Business | Press Trust of India | Monday October 17, 2016
Government said information about those who declare their black money under the compliance window, ending September 30, will be kept confidential.
Taxman Asks Declarants To Hurry As Black Money Window Nears End
Business | Press Trust of India | Monday October 17, 2016
The Income Tax department on Saturday said those holding potential black money should hurry up and declare their stash funds under the one-time domestic compliance window as only 20 days are left for the Income Declaration Scheme (IDS) to close.
Income Declaration Scheme: No Enquiry In Raids If Stash Declared
Business | Press Trust of India | Thursday September 1, 2016
The Central Board of Direct Taxes (CBDT) on Thursday issued a fresh clarification exempting those who declare untaxed assets or income under the ongoing black money declaration window from enquiry during future raids.
Tax Department To Acknowledge Black Money Declarants By August-End
Business | Press Trust of India | Sunday August 14, 2016
Black money holders who have disclosed their ill-gotten assets during July under the ongoing compliance window will receive acknowledgement from the tax department by August 30.
No Collection Target Set For Income Declaration Scheme
Business | Press Trust of India | Sunday August 7, 2016
The Central Board of Direct Taxes (CBDT) has not set any collection or declaration target under the income declaration scheme that closes on September 30.
Black Money Disclosures: Centre Willing To Walk Extra Mile To Address Concerns
Business | Press Trust of India | Tuesday July 26, 2016
Promising confidentiality on black money disclosures, government on Monday said it is willing to walk the extra mile to address any concerns and incorporate "positive suggestions" on the one-time compliance window provided to undeclared wealth holders to come clean.
Black Money: Don't Want To Be 'Big Brother Watching', Says Arun Jaitley
Business | Press Trust of India | Saturday July 23, 2016
Asking people to come clean on unaccounted wealth and live with "heads held high", Finance Minister Arun Jaitley on Saturday said the government is aware of sectors generating black money but it would be unpleasant to start the "big brother watching" process.
Government Detects Nearly Rs 44,000 Crore Undisclosed Income
Business | Press Trust of India | Wednesday July 20, 2016
Undisclosed income of Rs 43,829 crore, both from domestic and foreign sources, has been detected by government in the last two financial years, Parliament was informed on Tuesday.
Taxman To Write To More Than 2.59 Lakh Taxpayers Over Litigation
Business | Press Trust of India | Tuesday July 19, 2016
After unleashing a massive awareness campaign for the one-time black money compliance window, the tax authority will now write to over 2.59 lakh taxpayers to avail benefits of a similar scheme where an estimated Rs 5.5 lakh crore is stuck in litigation.
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