The Income Tax department has reportedly warned black money holders to come clean and has fixed March 31 as the deadline. The officials also said that they have information about their illegal deposits and they should avail the soon-to-end PMGKY window to come clean. The tax and penalty against those who hide their black money could go as high as 137% of the cash deposits made, added officials.
By Lokesh RV | Mar 24, 2017 4:09 PM #BlackMoney #IncomeTax
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