Delhi High Court Grants Interim Relief to Mokobara in Trademark Case || Delhi HC: Students Shouldn’t be Excluded from Admission because of Untimely Declaration of Results || Madras HC: Nobody Other than the State Can Claim Ownership to Natham Lands || Delhi HC: Larger Bench to Decide Whether Section 149(1)(c) of IT Act Applies Retrospectively || Madras High Court Upholds Regulations Imposing Night Ban on Online Real Money Games || President Promulgates Amendment Ordinance for J&K Reservation Act, 2004 || Calcutta High Court Refuses Relief to Law Student in Offensive Video Case || SC: NBE Files Application Seeking Postponement of NEET-PG 2025 || Delhi HC Grants ‘Superlative Injunction’ in Favor of Broadcaster Star India || NCLAT: Suspended Management of CD is Prohibited from Deploying the Funds of Corporate Debtor

644 declarations made during Black Money compliance window- (Ministry of Finance ) (06 Jan 2016)

MANU/PIBU/0021/2016

Direct Taxation

Totaling about Rs 4,164 crores, 644 declarations were received during the compliance window provided under the Black Money (Undisclosed Foreign Income and Assts) and Imposition of tax Act, 2015. Declarations made during the window will be taxed at a flat rate of 30 per cent, but certain legal immunity to those declaring the same will be provided.

Tags : BLACK MONEY COMPLIANCE DECLARATIONS

Share :