Latest News on Pradhan Mantri Garib Kalyan Yojana
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Pradhan Mantri Garib Kalyan Yojana - Total results - 10
Aug 30, 2018
RBI says 99.3% of demonetised currency is back: What went wrong with the government's black money huntRBI 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
Jul 06, 2017
Paul Krugman is right in calling Narendra Modi’s demonetisation'puzzling'; there are unanswered questionsBeyond 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
Jun 01, 2017
Black money: Response to PMGKY 'not so good', only Rs 5,000 cr declared, says govtThe scheme was launched in December last year to enable people with black money to come clean by paying tax and penalty of 50 percent
Mar 27, 2017
The folly in PMGKY ads by govt: How can tax evaders be good citizens ever?The Modi government did not do enough to send fear down the spines of evaders by cracking down on the suspects who brazenly deposited their ill-gotten high denomination notes
Mar 09, 2017
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.
Feb 17, 2017
You've got mail from IT dept. If you've put more cash in bank than limit, check your PAN accountIt is also a quiet nudge to the crooks to participate in the ongoing Pradhan Mantri Garib Kalyan Yojana (PMGKY) under which those who have deposited their ill-gotten demonetized notes can get away by paying a 50 percent tax and parking 25 percent of their deposits in a four-year non-interest earning deposit account.
Jan 20, 2017
Govt bars co-op banks from accepting deposits under PMGKYThe amendment to the notification comes after the I-T department spotted irregularities in deposits of cooperative banks following demonetisation
Jan 18, 2017
Foreign a/c, property, bullion can't be disclosed under PMGKYUnder the Pradhan Mantri Garib Kalyan Yojana, undisclosed income deposited in any bank or post office account can be declared by paying 50 percent of it in taxes and surcharges.
Dec 19, 2016
Demonetisation: Govt allows use of old notes for tax payment under PMGKYExplaining the provision, an official said a holder of unaccounted cash in Rs 500/1000 notes can now deposit half of it in any of the 29 scheduled bank that are entitled to accept income tax on behalf of the government.
Nov 29, 2016
Post demonetisation, Narendra Modi turns focus on vikas, of and for the poorIf Modi seeks to politically benefit from demonetisation, smooth rollout and consistent execution of the plan are essential