The government had raised Rs 10,000 crore through the last domestic black money amnesty.
Under 'Operation Clean Money', the I-T department had sent SMS and e-mails to 18 lakh people
In his first poll rally for the April 6 assembly polls, Modi rooted for the Tamil language, culture and invoked the welfare legacies of M G Ramachandran and J Jayalalithaa, late chief ministers and All India Anna Dravida Munnetra Kazhagam icons.
India has helped the world discover the true potential of democracy and the keyword for the country today is compassion for the downtrodden, needy and those on the margins, President Droupadi Murmu said on Sunday.
Here's the full text of the maiden address to the nation by President Droupadi Murmu on the eve of Independence Day 2022.
Highlighting the role of MSMEs in enhancing exports and helping the country achieve self reliance, Union Minister Nitin Gadkari on Monday said India does not need to import from China. "Already in automobile sector, in many sectors now, in agriculture, automobiles, everywhere, we have already found the solutions. Now we don't need to import from China," said the minister. He observed that India was exporting a lot of items instead of importing them.
Wang Yang and Xi Jinping's visits signal the beginning of a major Chinese push to bring about a transformation of Tibet, observes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.
'The regime -- and particularly the home ministry under Amit Shah -- have sought to suppress and destroy these struggles through intimidation, bullying, threats, through false cases, arrests, custodial torture, the use of draconian laws like the UAPA.'
Having exposure to international funds and gold is a must for those who have foreign currency-denominated goals.
The Indian Institute of Science topped the HRD ministry's 2017 national rankings. In 2016, the IISc was ranked among the world's top 15 universities in the Times Higher Education University Rankings. In his book The Creation of Wealth: The Tatas from the 19th to the 21st Century, R M Lala recounted how Jamsetji Tata's grand vision and immense personal contribution laid the edifice of arguably India's finest educational institution.
Congress leader Rahul Gandhi on Friday assured that the Citizenship Amendment Act (CAA) will not be implemented in Assam if the party is voted to power in the state in the coming assembly poll.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Gold stocks in India are estimated to be over 20,000 tonnes at present.
Understand the magic that SIP brings to the table for you as an investor, says Satyen Kothari. You can start by investing as little as Rs 500 per month.
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 could attract 77.25 per cent tax and penalty along with prosecution.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The income tax department on Friday warned against indulging in cash transaction of Rs 2 lakh or more, saying that the receiver of the amount will have to cough up an equal amount as penalty.
He also alleged that the Congress toyed with national security and actively and covertly supported Naxalism in Chhattisgarh and Jharkhand for political gains.
'He keeps reminding me he is senior. There is no debate in this. I have never shown any disrespect to you since you are a senior,' the PM said.
The window under the Income Declaration Scheme 2016 opened on June 1 and will close on September 30
The disclosures will enjoy immunity from wealth tax, civil and other taxation laws but there will be no immunity from FEMA, PMLA, narcotics and black money laws.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
A flavour-of-the-season approach does not work in investing, suggests Deepesh Raghaw.
The exhaustive list was uploaded on the official web portal of the department.
Investors across age groups and risk appetite can invest in these schemes.
After spending 40 years in the Indian Army, Lieutenant General Subrata Saha marches into the electoral battlefield as the BJP candidate from Rashbehari.
Right now there are about 30 lakh (3 million) subscribers under the Swavalamban scheme.
It was because of strong inflows into debt-oriented schemes that saved 2019 from being a "dark-dull year of investing" as inflows into equity funds has dropped this year due to a volatile market.
Sushil Chandra will conduct the UP, Punjab, Goa, Manipur, Uttarakhand elections before he retires in May 2022.
If you want to create wealth IGNORE these excuses!
Knowing these will save you from taking undue risks, losses and also create wealth in the long run, says Dwaipayan Bose.
he government will allow holders of black money abroad to declare their wealth.
Against estimates of black wealth of Rs 300 lakh crore and black money in cash of Rs 3 lakh crore by economist Arun Kumar, the PMGKY numbers fall short by a huge margin.
There will be higher charges for bank account-holders.
Sanjeev Nayyar offers a roster of things to do to see the India of our dreams.
Persons making disclosure of unaccounted assets will be given time up to November 30 to pay taxes
The most important of all is to save you from potential financial risks...
'It could tempt investors to pick stocks that are not fundamentally sound.'
To select the right platform, get the opinions of a few existing users or browse online for feedback. Select a platform that offers a seamless experience. Check that the platform you are going with is a regulated entity, suggests Sanjay Kumar Singh.
In the last Budget, the government had come out with similar compliance window for people holding undisclosed assets abroad.
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