Domestic Black Money Compliance Window

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  Information Under Domestic Black Money Scheme Confidential: Government

  Government today said information about those who declare their black money under the compliance window, ending September 30, will be kept confidential.

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  Information Under Domestic Black Money Scheme Confidential: Government

  Government said information about those who declare their black money under the compliance window, ending September 30, will be kept confidential.

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  Taxman Asks Declarants To Hurry As Black Money Window Nears End

  The Income Tax department on Saturday said those holding potential black money should hurry up and declare their stash funds under the one-time domestic compliance window as only 20 days are left for the Income Declaration Scheme (IDS) to close.

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  Black Money Disclosure: Taxman Not To Question Valuer's Report

  The valuation report from a registered valuer will not be questioned by the income tax department for disclosures made under the domestic black money compliance scheme, the CBDT clarified.

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  Government Detects Nearly Rs 44,000 Crore Undisclosed Income

  Undisclosed income of Rs 43,829 crore, both from domestic and foreign sources, has been detected by government in the last two financial years, Parliament was informed on Tuesday.

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  Income Disclosure Scheme: Taxman To Seek Details From Suspected Black Money Holders

  Tax authorities plan to seek details from various entities against whom there is specific information of having undisclosed assets, as part of the domestic black money disclosure scheme.

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  Finance Minister Arun Jaitley Warns Black Money Holders Of Consequences

  Asking domestic black money holders to take advantage of the ongoing scheme to come clean, Finance Minister Arun Jaitley on Thursday said those who have not yet declared their undisclosed foreign assets will face the consequences.

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  Come Clean By September 30: Arun Jaitley To Black Money Holders

  Mr Jaitley, who met industry chambers, CAs and tax professionals to clear any misgivings about the four-month compliance window provided to domestic black money holders to pay their taxes and escape harsher penalties, said there will be no extension of the scheme.

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  Black Money Window: Fresh FAQs Likely As New Queries Arise

  With the domestic black money window in operation for nearly a month now, the Central Board of Direct Taxes (CBDT) is likely to issue a set of fresh frequently asked questions (FAQs) in the light of numerous queries and representations like considering granting immunity to declarants from other fiscal laws and extending the deadline for payment of ...

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  Finance Ministry To Review Domestic Black Money Window Issues: Report

  With the first month nearing completion, the Finance Ministry will hold a high-level meeting to review the ambitious one-time compliance window that has been announced by the government to declare domestic black money.

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  Income Tax Department Notifies Four New Forms Under Domestic Black Money Window

  The Income Tax department today notified four new forms for those who wish to declare their untaxed funds and properties under the one-time domestic black money compliance window that opened this month.

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  Black Money Compliance Window: 'Valuer' List To Be Published, Says Report

  The Income Tax Department will soon put out a list of registered "valuers" of various categories of assets for those who wish to declare their untaxed funds and properties under the one-time domestic black money compliance window that opened on Wednesday.

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  Disclosures Under Black Money Window 'Firewalled' Against Prosecution: Taxman

  With the four-month domestic black money compliance window getting operational from the next day, the Central Board of Direct Taxes (CBDT) on Tuesday said declarants under the scheme have been "firewalled" against regular assessments and will enjoy immunity from prosecution under various laws like the wealth tax and income tax acts.

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  Compliance Window For Domestic Black Money Opens Tomorrow

  The 4-month disclosure window giving an opportunity to domestic black money holders to come clean by paying tax and penalty of 45 per cent on such assets will open tomorrow.

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  Compliance Window For Domestic Black Money Opens On June 1

  Under the Income Declaration Scheme, persons making disclosure of unaccounted assets will be given time up to November 30 to pay taxes, penalty and surcharge totalling 45 per cent at the fair market value.