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Home»Tag: Unaccounted

Tag Archives : Unaccounted

Demonetisation: Unaccounted deposits to attract 50% tax
Business

Demonetisation: Unaccounted deposits to attract 50% tax

Saheli 25 Nov 2016 654 Views

Those who deposited their black money in banks, disclosing it to be untaxed wealth, since the governmentannounced demonetisation will now have to pay income tax at 50% and a quarter of the portion of the unaccounted income would remain with the government for four years, as per amendments planned to ... Read More »

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