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Measures under Black Money Act yields results; undisclosed income of several crores found

Last Updated: Measures Under Black Money Act Yields Results; Undisclosed Income Of Several Crores Found In a written reply to Lok Sabha question, Junior Finance Minister gave a detailed explanation of illegal money detected in different cases via Black Money Act. Image: PTI/Pixabay Responding to the question related to Black Money, Union Minister of State for Finance Pankaj Chaudhary on Monday, said in the Lok Sabha that as of May this year demand of Rs. 8,216 crore has been raised. In a written reply, Chaudhary also added that an undisclosed amount of several crores has been detected by the Union Government. The Finance Ministry revealed an approximate value of undisclosed income detected so far.

West bengalUnited statesLok sabhaAutomatic exchange of informationUnion governmentIncome tax departmentJudges of honble supreme courtConstitution of the special investigation teamInternational consortium of investigative journalistsBlack moneyUnion ministerFinance pankaj chaudharyFinance ministryInternational consortiumInvestigative journalistsPanama papers

Govt s net tax collection goes up by 86% to Rs 5 57 lakh cr in Q1, says FinMin

Govt s net tax collection goes up by 86% to Rs 5.57 lakh cr in Q1, says FinMin Out of the total amount, collection of net direct tax stood at Rs 2.46 lakh crore and of indirect tax was at Rs 3.11 lakh crore Such action under direct tax laws includes searches, surveys, enquiries, assessment of income, levy of tax, interest, penalties and filing of prosecution complaints in criminal courts, wherever applicable PTI Updated Jul 27, 2021, 8:17 AM IST The government s total tax collection in the April-June quarter grew about 86 per cent to more than Rs 5.57 lakh crore, Parliament was informed on Monday. Out of the total amount, collection of net direct tax stood at Rs 2.46 lakh crore and of indirect tax was at Rs 3.11 lakh crore.

Lok sabhaPankaj chaudharyIncome tax departmentInternational consortium of investigative journalistsFinance pankaj chaudharyBlack moneyUndisclosed foreign incomeTax actInternational consortiumInvestigative journalistsPanama papersParadise papersலோக் சபாபங்கஜ் ச ud த்ரிவருமானம் வரி துறைசர்வதேச கூட்டமைப்பு ஆஃப் விசாரணை பத்திரிகையாளர்கள்

Systemic measures by Government under Black Money Act yields results; detects undisclosed income of several crores

Systemic measures by Government under Black Money Act yields results; detects undisclosed income of several crores
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United statesNew delhiLok sabhaPankaj chaudharyAutomatic exchange of informationIncome tax departmentJudges of honble supreme courtConstitution of the special investigation teamInternational consortium of investigative journalistsIncome tax department underBlack moneyUndisclosed foreign incomeTax actUnion ministerFinance pankaj chaudharyBlack money act

Govt s net tax collection rises 86% to Rs 5 57 lakh crore in Q1

Govt s net tax collection rises 86% to Rs 5 57 lakh crore in Q1
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Lok sabhaPankaj chaudharyIncome tax departmentInternational consortium of investigative journalistsFinance pankaj chaudharyBlack moneyUndisclosed foreign incomeTax actInternational consortiumInvestigative journalistsPanama papersParadise papersலோக் சபாபங்கஜ் ச ud த்ரிவருமானம் வரி துறைசர்வதேச கூட்டமைப்பு ஆஃப் விசாரணை பத்திரிகையாளர்கள்

Explained: How govt s black money law is helping crack down on undisclosed income

Explained: How govt s black money law is helping crack down on undisclosed income
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