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Black money disclosure scheme News

07 Feb 2017

New income disclosure scheme: People can deposit money in parts

The government on Tuesday allowed declarants to make deposits on one or more occasions in Pradhan Mantri Garib Kalyan Deposit Scheme(PMGKDS), 2016.

22 Dec 2016

Now, use old Rs 500 and Rs 1000 notes for paying tax and penalty under new income disclosure scheme

The payments under the new black money disclosure scheme Pradhan Mantri Garib KalyanYojana (PMGKY), can be made till December 30, 2016.

19 Dec 2016

Govt allows use of old notes for tax payment under new income disclosure scheme

The government on Monday allowed use of junked Rs 500 and Rs 1,000 notes till December 30 for paying tax on disclosures made under the tax evasion amnesty scheme.

19 Dec 2016

RBI's new restrictions on deposits of old Rs 500 and Rs 1,000 notes: Key facts you should know

RBI has decided to place certain restrictions on deposits of old Rs 500 and Rs 1000 notes into bank accounts.

Black money disclosure scheme

17 Dec 2016

New black money disclosure scheme from today: All you should know

Know the salient features of the new black money disclosure scheme Pradhan Mantri Garib Kalyan Yojana (PMGKY), which kicks-in from December 17.

30 Sep 2016

Black money disclosure window: Unaccounted wealth can be declared till today

Today is the last day for making declaration of unaccounted wealth under the Income Disclosure Scheme and declarations can be made online as well as in printed copies in prescribed form till Friday (Sept 30) midnight.

28 Sep 2016

Black money: IDS counters to be opened till 8 pm today, tomorrow

With two days remaining for the black money disclosure scheme to close, the tax department has decided to keep counters for receiving physical declarations open till 8 pm today (Wednesday) and tomorrow (Thursday).

Black money disclosure scheme

28 Sep 2016

Black money disclosure window offers no absolution, to yield little cash for govt

As the four-month campaign draws to a close this week, there looks to be few takers despite a high-profile warning that this is the last chance for tax dodgers to come clean.

black money deadline

23 Sep 2016

No extension in deadline for black money disclosure scheme

Government on Friday ruled out any extension to the September 30 deadline for filing income disclosure under the black money compliance window.

14 Jul 2016

Govt extends payment date under black money scheme

The government on Thursday extended the deadline for payment of tax and penalty under the black money disclosure scheme and allowed declarants to pay the amount in three installments by September 30 next year.

14 Jul 2016

Black money: Declarants can pay interest and penalty in three installments

The government on Thursday clarified that declarants under domestic black money disclosure scheme can pay interest and penalty in three installments

Black money disclosure

19 Jun 2016

'Difficult to avoid black money disclosure under new scheme'

The chief of SIT on black money feels it will be "difficult" for those holding untaxed assets to avoid disclosure under the ongoing one-time compliance window opened by the government after the limited success of a similar scheme launched last year for those with tainted money overseas.

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