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I-T dept warns: Like fingerprint, black money will lead you to us

The income-tax department on Thursday nudged black money holders to make "honest" disclosures under the tax amnesty scheme -- Pradhan Mantri Garib Kalyan Yojana -- warning that non-declaration......

Dazed by demonetisation twists? Read the new FAQ

Prime Minister Narendra Modi promised on November 8 that the pain due to demonetisation will ease within 50 days, yet within this duration the Reserve Bank of India has changed the rules at least......

Only Rs 5K cr collected, PMGKY gets thumbs-down

Response to the Pradhan Mantri Garib Kalyan Yojana has "not been so good", with only Rs 5,000 crore unaccounted income being declared under the amnesty scheme, the government said on Thursday. The......

CBDT offers relief for black money declarants

The Central Board for Direct Taxes on Friday said a black money declarant under the PMGKY scheme will be allowed to file declarations under the stipulated Form 1 by April 10, if tax and penalty is......

Modi's 'blackmoney window' plan a complete flop

Rs 6,000-cr disclosure just four days before scheme ends With the Pradhan Mantri Garib Kalyan Yojana (PMGKY), also known as the Income Declaration Scheme (IDS)-II, coming to an end on March 31,......

Govt wisens up, plugs holes in 2nd black money scheme

The PMGKY will not allow declarants to use claims made for refunds for advance taxes paid, tax deducted at source and tax collected under the scheme. Illustration: Uttam Ghosh/Rediff.com. Unlike......

6 things you need to know about depositing old notes in banks

Under the PMGKY scheme, black money holders can deposit unaccounted cash in account which will be subject to 50 per cent tax and 4-year interest free lock-in for the remaining 25 per cent of the......
  Web results for Pmgky
RBI to issue Rs 200 notes in coming months

The Reserve Bank is expected to introduce Rs 200 notes in the coming months to ease pressure on lower-denomination currencies that are in short... ...

http://www.mydigitalfc.com/monetary-policy/rbi-issue-rs-200-notes-coming-months-903
IT Dept. Reminds That Cash Transaction Above Rs 2 Lakh Is Illegal; Asks Public To Report Such Cash Transactions

Income Tax Department has launched a fresh offensive against cash transactions, and illegal money. In a widely circulated advertisement across... ...

http://feedproxy.google.com/~r/trakin/~3/jFf5O8MTz_I/
PMGKY collects measly Rs 5K as note ban comes under lens

In another setback to the Modi government post the note-ban, the response to its black money amnesty scheme, Pradhan Mantri Garib Kalyan Yojana... ...

http://www.mydigitalfc.com/news/pmgky-collects-measly-rs-5k-note-ban-comes-under-lens-838
Consistent rise in tax collections

Aided by multiple increases in excise duty on fuel and a spurt in direct tax collection as a result of various black money measures, revenue... ...

http://www.mydigitalfc.com/news/consistent-rise-tax-collections-637

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