Searched for
MONEY HOARDING PENALTY
Budget 2019 proposes to expand scope of Black Money Act to include NRIsNRIs will be under glare for their undisclosed properties and bank accounts created during the years when they were ‘residents’.- Big bank theory! From Vijay Mallya to Ferdinand Marcos, money-laundering cases that made headlinesHere is a look at other high-profile cases that made news.
- Judging demonetisation on currency returned incorrect: Government officialsOfficials said the fact that 99% of banned notes have returned to the system was proof that "demonetisation failed to put the Indian econom...
- Notes ban: I-T dept gets over Rs 300 crore declarations under PMGKYOfficials said I-T department offices across the country have got a number of small to big declarations in this regard after the taxman lau...
- Nothing in black & white to hold 'men in black'YP Singh said he was surprised as to how such detentions even take place since not paying income tax is a civil matter and police has no ro...
- Avoid excessive regulation to contain black money: RBI reportAmid a continuing debate on black money, an RBI report said "the best way" to contain this menace is to improve governance and quality of s...
- 90 per cent of scrapped notes back in system, big dividend unlikelyThe value of scrapped currency dashed the hope that as much as Rs 3 lakh crore will not be returned as this would be part of black money ho...
- Airport constraints force Air India to carry less fuel on Mumbai-US route, add halt at ViennaApart from AI, American carrier United is the only other airline to fly nonstop from Mumbai to US and these two are the longest flights out...
- I-T Act amendments upset calculations of cash hoardersDisclosure of unaccounted income, under Section 115 BBE of the unamended I-T Act, as sudden surge income during the year would have invited...
- I-T department will not ask for source of bank deposits: Revenue Secretary Hasmukh Adhia"The deterrent provisions were necessary so that people have the fear of hoarding black money," Adhia said.
- Scrapping Rs 500, Rs 1,000 notes a bold decision: Blackmoney SITThe SIT on black money was notified by the government, on the directions of the Supreme Court, in 2014.
- Income Tax department conducts raids across Mumbai, New Delhi and ChandigarhRaids were carried out in Delhi, Mumbai and some cities in Punjab after reports of traders taking old Rs 500 and Rs 1000 notes.
- Demonetisation row: Penalties, prosecution that tax department can slap on black money holdersHere is a list of various penalties that can be imposed on you for different defaults and the provisions which can help you get immunity fr...
- Window closes in two weeks, only Rs 1,000 crore in black money disclosedThe Central Board of Di rect Taxes (CBDT) had pressed all its I-T investigation units across the country to carry out searches and survey o...
- Fight against black money: Switzerland to help share stolen data tooSwitzerland today proposed amending its laws to share information with foreign countries probing tax crimes on the basis of 'stolen data'.
- Spooked Swiss banks ask Indians to utilise 'compliance window'India is aggressively making efforts to bring back illicit money parked by its citizens overseas and Switzerland has also agreed to coopera...
- Unorganized packaged foods business sparks safety concernsHoards of unbranded ready-to-eat products like dhoklas, idlis are made in the unorganized market where quality control measures are questio...
- India to boost trade ties with US, commits to adopt FATCA soonIndia and the US resolved to remove obstacles to investment flows and work towards early adoption of FATCA to facilitate automatic flow of ...
- Eurozone banks still stocking cash: AnalystThe European Central Bank saw strong demand for its weekly loans on Monday, with 600 commercial banks snapping up more than 216 bn euros (3...
- Tax to check land hoarding likelyThe urban housing and employment ministry has proposed a landholding tax on developers.
Load More
