OMG! This Ahmedabad businessman owes Rs 4,500 crore in taxes, but now missing - Read
He had revealed to the authorities that he had not disclosed an income of Rs13,860 crore. That puts him for a direct tax liability of Rs4,500 crore.
Dec 02, 2016, 17:32 PM IST
Hold your head high Mr. Tax Evader, you've disclosed your black money
Archana Khatri Das
Oct 02, 2016, 19:26 PM IST
Rs 30,000 crore tax expected from IDS declarations: CBDT chief
The CBDT expects to mop up a tax revenue of Rs 30,000 crore, with 50 percent coming this fiscal, under the one-time domestic black money compliance window that has seen stash declarations to the tune of Rs 65,250 crore.
Oct 01, 2016, 17:46 PM IST
Black money: Banks can accept tax dues in cash under IDS, says RBI
Under the Income Declaration Scheme 2016, which came into effect on June 1, one can come clean by paying tax, penalty and cess totalling 45 percent of the undisclosed income.
Sep 08, 2016, 18:35 PM IST
Black money: Income Declaration Scheme is not a seasonal sale, says FM Jaitley
Refusing demands to make the Income Declaration Scheme 2016 more attractive, Finance Minister Arun Jaitley on Thursday said the IDS is "not a seasonal sale".
Jul 14, 2016, 19:10 PM IST
