The Income Tax Department, a top government official said, has collected a tax of Rs 2,451 crore till now from these declarations.
08 Sep 2017 4:14 AM
In the 2017-18 Budget, Finance Minister Arun Jaitley had proposed to ban cash transaction of over Rs 3 lakh.
02 Jun 2017 1:32 PM
Arun Jaitley said the PMGKY was not an isolated scheme launched in 2016 and the response to PMGKY should not be seen in isolation.
02 Jun 2017 2:24 AM
Govt had come out with PMGKY giving them time until March-end to come clean by paying tax and penalty.
01 Jun 2017 3:48 PM
Modi said his government was committed to empowering women and spelled out a slew of schemes and measures.
13 Apr 2017 9:35 PM
This is the first major I-T action after the black money window of the Pradhan Mantri Garib Kalyan Yojna.
06 Apr 2017 8:19 PM
Declarants also have to park a quarter of the total sum in a non-interest bearing deposit for four years.
12 Dec 2016 2:46 PM
Under the PMGKY blackmoney declarants have to mandatorily park 25 per cent of that wealth in zero-interest, four-year-no- withdrawal scheme.
28 Nov 2016 8:24 PM