Black Money Tax:
Government's New Income Declaration Scheme
Black money declared would attract approx 50 per cent tax, proposes bill
Up to 85 per cent (tax + penalty) on unexplained money seized in raids
Government's bill cleared by cabinet last week, tabled in Lok Sabha today
Government's New Income Declaration Scheme
Black money declared would attract approx 50 per cent tax, proposes bill
Up to 85 per cent (tax + penalty) on unexplained money seized in raids
Government's bill cleared by cabinet last week, tabled in Lok Sabha today
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