Blackmoney Bill
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Rigorous Imprisonment Of Up To 7 Years For Benami Transactions
People keeping 'benami' properties to evade taxes will get up to seven years rigorous imprisonment and fine, as per a new law aimed at checking black money in real estate sector.
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Black Money Disclosures Made In Compliance Window To Be Kept Secret
Disclosures made in the 4-month compliance window beginning June 1 for domestic black money holders to come clean will be kept secret, according to an amendment to the Finance Bill 2016 approved by the Lok Sabha.
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Government Wants Passage of 'Amended' Real Estate Bill in Winter Session
The government is gearing up to ensure the passage of the crucial real estate bill, which is aimed at curbing malpractices in the sector and bringing transparency through regulatory mechanism, in the forthcoming Winter session of Parliament.
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Long Queues at Income Tax Office as Black Money Deadline Ends Tonight
The rush of black money declarants peaked at the Income Tax office here as the deadline for disclosure of wealth stashed abroad expired tonight but there was no indication about the quantum of money that has come into the taxman's net.
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Rigorous Imprisonment Of Up To 7 Years For Benami Transactions
People keeping 'benami' properties to evade taxes will get up to seven years rigorous imprisonment and fine, as per a new law aimed at checking black money in real estate sector.
-
Black Money Disclosures Made In Compliance Window To Be Kept Secret
Disclosures made in the 4-month compliance window beginning June 1 for domestic black money holders to come clean will be kept secret, according to an amendment to the Finance Bill 2016 approved by the Lok Sabha.
-
Government Wants Passage of 'Amended' Real Estate Bill in Winter Session
The government is gearing up to ensure the passage of the crucial real estate bill, which is aimed at curbing malpractices in the sector and bringing transparency through regulatory mechanism, in the forthcoming Winter session of Parliament.
-
Long Queues at Income Tax Office as Black Money Deadline Ends Tonight
The rush of black money declarants peaked at the Income Tax office here as the deadline for disclosure of wealth stashed abroad expired tonight but there was no indication about the quantum of money that has come into the taxman's net.
