black money whitening
Real estate still a haven for black money
The scope for legalising undisclosed income without facing any questions remains as the tax administration has not scrapped the provision of whitening black money in case of the purchase of flats and land, raising criticism.
Amnesty to black money may continue despite criticism
Despite widespread condemnation from economists, watchdogs, businesspeople and even multiple lawmakers, the government is expected to retain the amnesty allowing individuals and businesses to whiten black money without scrutiny by paying a 15 percent tax in the upcoming fiscal year.
Whitening Black Money: ‘Unethical, unjust and unacceptable’
Backtracking on its promise to eliminate black money, the government has once again made room to allow both individuals and companies to whiten money without facing scrutiny and by paying a 15 percent tax, a move that drew sharp criticism from economists and civil society.
Another mostly disappointing budget
Budget admits we are in a crisis, but offers no direction out of it
The many immoralities behind the govt’s black money whitening scheme
What message is the government trying to send with its black money whitening facility?
No amnesty for black money stashed abroad from FY24
The unquestioned amnesty to bring back money stashed abroad is not going to continue in 2023-24 fiscal year, which begins in July.
Real estate still a haven for black money
The scope for legalising undisclosed income without facing any questions remains as the tax administration has not scrapped the provision of whitening black money in case of the purchase of flats and land, raising criticism.
Amnesty to black money may continue despite criticism
Despite widespread condemnation from economists, watchdogs, businesspeople and even multiple lawmakers, the government is expected to retain the amnesty allowing individuals and businesses to whiten black money without scrutiny by paying a 15 percent tax in the upcoming fiscal year.
Whitening Black Money: ‘Unethical, unjust and unacceptable’
Backtracking on its promise to eliminate black money, the government has once again made room to allow both individuals and companies to whiten money without facing scrutiny and by paying a 15 percent tax, a move that drew sharp criticism from economists and civil society.
Another mostly disappointing budget
Budget admits we are in a crisis, but offers no direction out of it
The many immoralities behind the govt’s black money whitening scheme
What message is the government trying to send with its black money whitening facility?
No amnesty for black money stashed abroad from FY24
The unquestioned amnesty to bring back money stashed abroad is not going to continue in 2023-24 fiscal year, which begins in July.
