Pmgky

RBI says 99.3% of demonetised currency is back: What went wrong with the government's black money hunt

RBI says 99.3 percent of about Rs 16 lakh crore in the form of the banned Rs 500 and Rs 1000 notes have found their way back into the banking system

PMGKY saw 21,000 people disclose Rs 4,900 cr black money, says official

Black money worth Rs 4,900 crore was disclosed by 21,000 people under the Pradhan Mantri Garib Kalyan Yojna (PMGKY) announced by the government post demonetisation

Paul Krugman is right in calling Narendra Modi’s demonetisation'puzzling'; there are unanswered questions

Beyond the pain and little gains, we don’t know how much money was deposited into bank accounts post the demonetisation. The RBI is still counting the notes

Curb on Rs 2 lakh cash dealings: Receiver will have to pay 100% penalty too, says I-T dept

Post the demonetisation of Rs 500 and Rs 1,000 notes, people with unaccounted wealth had illegally converted their black money held in old notes to new Rs 500 and Rs 2,000 notes

Black money: Response to PMGKY 'not so good', only Rs 5,000 cr declared, says govt

The scheme was launched in December last year to enable people with black money to come clean by paying tax and penalty of 50 percent

PM Narendra Modi to meet revenue dept on 2 May; black money, GST on agenda

The revenue department would present a report card on not just the black money disclosed and tax collected thereof but also the ill-gotten wealth seized during searches and raids across the country.

I-T dept warns black money holders: 31 Mar deadline for PMGKY, 'countdown' has begun

In advertisements issued in leading national dailies, the income tax department said it has information about the illegal deposits

Black money: Income tax dept urges people to make use of PMGKY to come clean

"Like fingerprints, your black money will lead us to you! The Income Tax Department has information about your undisclosed income and assets," it said in an advertisement in national dailies here.

PMGKY tax: Govt warns banks of branch de-authorisation over non-acceptance

The finance ministry has asked banks to issue directions to all branches for making necessary changes in their system/software to accept the tax

Operation clean money: I-T department places nine lakh accounts under 'doubtful' category

As many as 5.27 lakh assessees, out of 18 lakh who were sent SMS and e-mails, had submitted their response till 12 February