Should you disclose a deposit of less than Rs 2 lakh during demonetisation in your ITR ? In part E of the tax return form that seeks other information from assesses including bank details, another column has been added seeking details of cash deposited between November 9 and December 30, 2016 i.e. during demonetisation if […]
Tag Archives: Black Money
Black Money is not really black but the ownership of this money is not from reliable sources so it is called “Black Money”
CAN WE CONTROL THE BLACK MONEY AND CORRUPTION? Hardly few people born with the golden spoon. And every one has only 2 hands to work, only 2 legs to walk, and each one o have only one mouth to eat , 2 ears to listen , one brain to understand and thinking. Further, there are […]
Will Demonetisation and digital transactions stop corruption in India ? If digital transactions could curb corruption and black money , Kenya would have be the most transparent country in the world. About 75% of the adult population in Kenya uses mobile phones for payments and money transfer. The value of mobile money transactions and transfers […]
How much gold you can kept ? After announcement the demonetisation there are wide rumours about How much gold you can kept . I tried to clear some of the doubts in the minds of public the CBDT issued a clarification on 1st December, 2016.
April 2017 may be the earliest India can say goodbye to the demonetization nightmare Chest-thumping, hand-wringing controversy that has ensued since the announcement of demonetization on November 8, 2016, there has been an absence of facts on the question of re-monetizing India.