-pmgk - Rediff.com

Smaller deposits to be probed only if big accounts indicate irregularities

Rediff.com30 Nov 2016

Limited IT staff may compel them to focus on big fish than small depositors.

I-T dept starts analysing deposits post note ban

Rediff.com28 Dec 2016

The Income Tax department has begun the process to examine bank deposits and transactions to check possible black money instances and said once the last opportunity to declare funds in old notes under the PMGKY scheme ends it will be very tough for hoarders.

Deposited black money after Nov 8? Pay 50% tax. If not, 85%

Rediff.com28 Nov 2016

Nearly three weeks after Prime Minister Narendra Modi announced junking high denomination 500 and 1000 rupee notes, Finance Minister Arun Jaitley introduced a bill to amend the income tax law.

News for '-pmgk'

Smaller deposits to be probed only if big accounts indicate irregularities

I-T dept starts analysing deposits post note ban

Deposited black money after Nov 8? Pay 50% tax. If not, 85%