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Black money disclosure News

13 Oct 2016

Hyderabad individual declared Rs 10000 cr in black money scheme

Andhra Pradesh Chief Minister N Chandrababu Naidu has claimed that out of the Rs 13,000 crore of black money declared in Hyderabad under a recent scheme, Rs 10,000 crore belonged to a single individual, in apparent hints towards his political rivals.

03 Oct 2016

Black money disclosure: Identity of individuals strictly confidential, says CBDT

Income Tax Department Monday said "strict confidentiality" will be maintained about the identity of persons who have disclosed black money during the 4-month window under the Income Declaration Scheme (IDS).

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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