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

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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. ....

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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. ....

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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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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
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Lok Sabha , Pankaj Chaudhary , Income Tax Department , International Consortium Of Investigative Journalists , Finance Pankaj Chaudhary , Black Money , Undisclosed Foreign Income , Tax Act , International Consortium , Investigative Journalists , Panama Papers , Paradise Papers , லோக் சபா , பங்கஜ் ச Ud த்ரி , வருமானம் வரி துறை , சர்வதேச கூட்டமைப்பு ஆஃப் விசாரணை பத்திரிகையாளர்கள் , கருப்பு பணம் , வெளியிடப்படாதது வெளிநாட்டு வருமானம் , வரி நாடகம் , சர்வதேச கூட்டமைப்பு , விசாரணை பத்திரிகையாளர்கள் , பனாமா ஆவணங்கள் , சொர்க்கம் ஆவணங்கள் ,

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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