Tibarn Posted September 30, 2016 Posted September 30, 2016 (edited) http://www.business-standard.com/article/economy-policy/black-money-disclosure-at-rs-65-000-crore-till-8-00-pm-116093001207_1.html Quote The government's Income Declaration Scheme (IDS) saw an overwhelming response just a few hours before the deadline was to end. A senior income-tax official said the total declaration under the scheme is above Rs 65,000 crore till 8.00 pm. On this number, government likely to earn nearly Rs 30,000 crore. I-T department expects total declarations could reach between Rs 70,000 crore and Rs 80,000 crore in next 3 hours. The government had opened a four-month window for declaring unaccounted money, which would attract 45 per cent tax, penalty and cess. I wish the black money holders could still be put in jail. Edited September 30, 2016 by Tibarn tweaker 1
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