Income Disclosure Scheme
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Income Tax Department Rejects Disclosure Of Over Rs 2 Lakh Crore
The government has revised upwards the total illicit wealth disclosed in the one-time window to Rs 67,382 crore as against Rs 65,250 crore estimated earlier.
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Simple Form To Be Filled For Declarations Under New Tax Evasion Amnesty Scheme
A simple two-page form is all that needs to be filled for declaring unaccounted cash under the new tax evasion amnesty scheme which does not require one to reveal the source of such income.
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IDS Disclosure Figures To Be Revised Lower To Rs 55,000 Crore
Earlier, Finance Ministry revised upwards black money disclosed under Income Declaration Scheme to Rs 67,382 crore from Rs 65,250 crore estimate announced previously
-
Post Raids, Black Money To Attract Over 137% In Tax, Penalty
Not declaring undisclosed cash or deposits under the scheme but showing it as income in the tax return form would lead to a total levy of 77.25 per cent in taxes and penalty.
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Income Disclosure Scheme May Help Meet Fiscal Deficit Target: RBI
External debt - both in absolute and relative terms (as ratio to GDP) - has declined and the foreign exchange reserves now cover a larger portion of total external debt and about 11 months of imports, the RBI report said.
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Nothing Mysterious Behind September Deposit Surge: SBI Research
Deposits have grown by Rs 1 lakh crore in September over the last three years but a surge of Rs 2.87 lakh crore in this September, ahead of the move to discontinue the Rs 500 and Rs 1,000 banknotes, made it a "curious case", SBI Research said.
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Finance Minister Arun Jaitley Warns Black Money Holders Of Consequences
Asking domestic black money holders to take advantage of the ongoing scheme to come clean, Finance Minister Arun Jaitley on Thursday said those who have not yet declared their undisclosed foreign assets will face the consequences.
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Income Disclosure Scheme: Taxman To Seek Details From Suspected Black Money Holders
Tax authorities plan to seek details from various entities against whom there is specific information of having undisclosed assets, as part of the domestic black money disclosure scheme.
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No Relief To Those Who Defaulted On 1st IDS Instalment: Tax Department
It added that condonation of delay in payment due to these reasons "shall not be feasible", clarifying the situation once and for all.
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Modi May Push Drive Against Black Money After Uttar Pradesh Sweep: BofA-ML
The income disclosure scheme II (IDS II) is expected to net Rs 1,000 billion.
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Taxman To Go Easy On Post-Demonetisation Deposits Of Up To Rs 5 Lakh By Over 70-Year Olds
However, the limit has been fixed at Rs 2.5 lakh for other individuals.
-
Income Disclosure Scheme May Help Meet Fiscal Deficit Target: RBI
External debt - both in absolute and relative terms (as ratio to GDP) - has declined and the foreign exchange reserves now cover a larger portion of total external debt and about 11 months of imports, the RBI report said.
-
Post Raids, Black Money To Attract Over 137% In Tax, Penalty
Not declaring undisclosed cash or deposits under the scheme but showing it as income in the tax return form would lead to a total levy of 77.25 per cent in taxes and penalty.
-
IDS Disclosure Figures To Be Revised Lower To Rs 55,000 Crore
Earlier, Finance Ministry revised upwards black money disclosed under Income Declaration Scheme to Rs 67,382 crore from Rs 65,250 crore estimate announced previously
-
Simple Form To Be Filled For Declarations Under New Tax Evasion Amnesty Scheme
A simple two-page form is all that needs to be filled for declaring unaccounted cash under the new tax evasion amnesty scheme which does not require one to reveal the source of such income.
-
Income Tax Department Rejects Disclosure Of Over Rs 2 Lakh Crore
The government has revised upwards the total illicit wealth disclosed in the one-time window to Rs 67,382 crore as against Rs 65,250 crore estimated earlier.
-
Simple Form To Be Filled For Declarations Under New Tax Evasion Amnesty Scheme
A simple two-page form is all that needs to be filled for declaring unaccounted cash under the new tax evasion amnesty scheme which does not require one to reveal the source of such income.
-
IDS Disclosure Figures To Be Revised Lower To Rs 55,000 Crore
Earlier, Finance Ministry revised upwards black money disclosed under Income Declaration Scheme to Rs 67,382 crore from Rs 65,250 crore estimate announced previously
-
Post Raids, Black Money To Attract Over 137% In Tax, Penalty
Not declaring undisclosed cash or deposits under the scheme but showing it as income in the tax return form would lead to a total levy of 77.25 per cent in taxes and penalty.
-
Income Disclosure Scheme May Help Meet Fiscal Deficit Target: RBI
External debt - both in absolute and relative terms (as ratio to GDP) - has declined and the foreign exchange reserves now cover a larger portion of total external debt and about 11 months of imports, the RBI report said.
-
Nothing Mysterious Behind September Deposit Surge: SBI Research
Deposits have grown by Rs 1 lakh crore in September over the last three years but a surge of Rs 2.87 lakh crore in this September, ahead of the move to discontinue the Rs 500 and Rs 1,000 banknotes, made it a "curious case", SBI Research said.
-
Finance Minister Arun Jaitley Warns Black Money Holders Of Consequences
Asking domestic black money holders to take advantage of the ongoing scheme to come clean, Finance Minister Arun Jaitley on Thursday said those who have not yet declared their undisclosed foreign assets will face the consequences.
-
Income Disclosure Scheme: Taxman To Seek Details From Suspected Black Money Holders
Tax authorities plan to seek details from various entities against whom there is specific information of having undisclosed assets, as part of the domestic black money disclosure scheme.
-
No Relief To Those Who Defaulted On 1st IDS Instalment: Tax Department
It added that condonation of delay in payment due to these reasons "shall not be feasible", clarifying the situation once and for all.
-
Modi May Push Drive Against Black Money After Uttar Pradesh Sweep: BofA-ML
The income disclosure scheme II (IDS II) is expected to net Rs 1,000 billion.
-
Taxman To Go Easy On Post-Demonetisation Deposits Of Up To Rs 5 Lakh By Over 70-Year Olds
However, the limit has been fixed at Rs 2.5 lakh for other individuals.
-
Income Disclosure Scheme May Help Meet Fiscal Deficit Target: RBI
External debt - both in absolute and relative terms (as ratio to GDP) - has declined and the foreign exchange reserves now cover a larger portion of total external debt and about 11 months of imports, the RBI report said.
-
Post Raids, Black Money To Attract Over 137% In Tax, Penalty
Not declaring undisclosed cash or deposits under the scheme but showing it as income in the tax return form would lead to a total levy of 77.25 per cent in taxes and penalty.
-
IDS Disclosure Figures To Be Revised Lower To Rs 55,000 Crore
Earlier, Finance Ministry revised upwards black money disclosed under Income Declaration Scheme to Rs 67,382 crore from Rs 65,250 crore estimate announced previously
-
Simple Form To Be Filled For Declarations Under New Tax Evasion Amnesty Scheme
A simple two-page form is all that needs to be filled for declaring unaccounted cash under the new tax evasion amnesty scheme which does not require one to reveal the source of such income.
