Tag Archives: Measure to curb black money in India

Introduction The Income Declaration Scheme, 2016 (referred to here as ‘the Scheme’) is contained in the Finance Act, 2016, which received the assent of the President on the 14th of May 2016. The Scheme provides an opportunity to persons who have paid not full taxes in the past to come …

For the time being, let’s forget the recommendations done by SIT. I have some recommendations to make! If my recommendations are implemented, the government can block many black money generating avenues! Please read and comment whether my suggestions make sense or not! You may disagree with me, but it is …

This is in continuation to my previous article ‘what are the recommendations of SIT on curbing black money? Part 1’ Misuse of exemption of Long Term Capital Gains Again, there is nothing new in the SIT report here. The rigging in stock market is not a new revelation. It’s been …