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Black money scheme News

02 Oct 2016

Narendra Modi compliments Arun Jaitley, says income tax disclosure scheme successful

Prime Minister Narendra Modi on Saturday complimented Finance Minister Arun Jaitley and his team for the Income Tax Disclosure Scheme and said their hard work had led to a "successful outcome".

01 Oct 2016

Rs 30,000 crore tax expected from IDS declarations: CBDT chief

The CBDT expects to mop up a tax revenue of Rs 30,000 crore, with 50 percent coming this fiscal, under the one-time domestic black money compliance window that has seen stash declarations to the tune of Rs 65,250 crore.

Life Insurance Corporation

17 Sep 2016

LIC unveils new money-back plan to mark diamond jubilee

Insurance behemoth Life Insurance Corporation of India (LIC) on Saturday came out with a closed-ended plan -- Bima Diamond -- on the occasion of its diamond jubilee year.

10 Sep 2016

I-T asks declarants to hurry as blackmoney 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.

07 Jul 2016

Govt may extend tax payment deadline for black money scheme

The government may extend the deadline for payment of tax on black money disclosed during the one-time compliance window and has accepted the industry request for tax being paid in instalments.

Black money scheme

06 Jul 2016

Now, your airline boarding passes to have black money scheme ads

I-T dept has tied up with seven airlines including Air India and Vistara to publise one-time black money compliance window by printing the scheme's details on the back of boarding passes.

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