Skip to main content

Black Money:- Rs. 6,500 Crore Declared under the compliance window of the new law

By
  • Rs. 6,500 crore of undisclosed foreign assets have been declared under the compliance window of the new law and the drive would continue despite its 'side effects'.
  • Modi said several important steps including agreements with countries like the US for real time sharing of information on Indian nationals holding assets abroad have been taken.
  • The government has enacted a new foreign black money law with stringent punishments.
  • The new law provided for a 90-day compliance window ending September 30 to foreign assets holders to declare undisclosed assets, pay a total of 60 per cent tax and penalty to escape jail term of up to 10 years. The tax and penalty on income declared under the window has to be paid by December 31.
  • PM Modi said, adding the money will be used for the welfare of the people.

Source:-
Rs 6,500 Crore Declared Under Black Money Law, Says PM Narendra Modi
Labels:

Comments

Post a Comment

Popular posts from this blog

Sansad adarsh gram yojna: Chikhli village get new looks and developments in gujarat

By
Chandrakant Raghunath Patil, MP from Navsari, adopted Chikhli.  Chikhli seen improvement in Sanitation and road renovation under SAGY. The infrastructure is improved.It is emerging as the template of village development. Patil completed the task in just three months. 380 toilets were built in Chikhli, many of them in the two slums  life has become better after construction of toilet in their houses  regular affair during the monsoons. A huge Shiva statue built six years ago by an NRI on the river bank had lost its colour and texture. The MP built a protection wall all along the riverbank and renovated a temple and the Shiva idol. renovation of road circles in a public-private partnership  putting waste collection bins around the village, procurement of a diagnosis machine for the Rotary Eye Hospital (in the nearby Navsari), a library in the village panchayat office, gas-based cremation at the village crematorium, a modern aganwadi centre and a bus stop.
Post a Comment
Read more

Hundred villages of Jharkhand has been selected under Pradhan Mantri Adarsh Gram Yojana

By
The Central Government has selected 100 villages of Jharkhand under Pradhan Mantri Adarsh Gram Yojana. These villages will be equipped with all fundamental facilities. Chief Minister Mr. Raghubar Das said that villages having more than 50% Schedule Tribe population will be considered for this. The Central Government is giving 20 lac for thwe development & the additional 20 lac will be given by the State Government. 36 villages from Chatra, 22 from Palamu, 18 from Deoghar,14 from Hazaribag & 10 from Giridih district have been identified for Pradhan Mantri Adarsh Gram Yojana.    1 view  •  Written 1m ago Upvotes 0 Comment Share
Post a Comment
Read more

PORTAL FOR PUBLIC GRIEVANCES Grievance Redress Mechanism in Government ::

By
While media is busy praising Anti Corruption Helpline number of Delhi (It is a nice step if it works). GOI has developed a special portal for public grievance (visit  www.pgportal.gov.in  ). Now register your complaint for any government department online to get it solved.
Post a Comment
Read more