Pradhan Mantri Garib Kalyan Deposit Scheme

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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......

Rajiv Kumar assumes charge as chief election commissioner

Former finance secretary Rajiv Kumar took charge as the 25th chief election commissioner (CEC) on Sunday and the first major task before him will be to hold the President and the Vice President......

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......

Govt rejects global hunger ranking after India fares poorly

The Centre on Friday said it was shocking that India's rank was lowered on the Global Hunger Index and it termed the methodology used for rankings 'unscientific'. IMAGE: An NGO worker......

'Expect all Rs 500 and Rs 1,000 notes to come back into the system'

The economy could return to 8% growth by the end of 2017-2018, Arvind Panagariya, vice-chairman NITI Aayog, tells Business Standard's Indivjal Dhasmana and Sanjeeb Mukherjee. Economic growth......

Doubts over new Income Declaration Scheme

CAs not sure if individuals declaring unaccounted money will get immunity from reassessment as these provisions are not covered in the Bill, reports Tinesh Bhasin/Business Standard. Chartered......

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,......

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......

Smaller deposits to be probed only if big accounts indicate irregularities

Limited I-T staff may compel them to focus on big fish than small depositors, reports Business Standard's Dilasha Seth and Indivjal Dhasmana. The tax department will go after 'big fish' in probing......

Modi govt warns tax dodgers to come clean by March 2017

Not declaring the black money under the scheme now, 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. In case the disclosure is......

Pradhan Mantri Garib Kalyan Deposit Scheme

News for Pradhan Mantri Garib Kalyan Deposit Scheme

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

Rajiv Kumar assumes charge as chief election commissioner

Dazed by demonetisation twists? Read the new FAQ

Govt rejects global hunger ranking after India fares poorly

'Expect all Rs 500 and Rs 1,000 notes to come back into the system'

Doubts over new Income Declaration Scheme

Modi's 'blackmoney window' plan a complete flop

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

Smaller deposits to be probed only if big accounts indicate irregularities

Modi govt warns tax dodgers to come clean by March 2017

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