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Demonetisation: Unaccounted deposits to attract 50% tax – Business Standard

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Business Standard
Demonetisation: Unaccounted deposits to attract 50% tax
Business Standard
Those who deposited their black money in banks, disclosing it to be untaxed wealth, since the government announced demonetisation will now have to pay income tax at 50% and a quarter of the portion of the unaccounted income would remain with the …
Demonetisation: Taxmen cannot impose 200 per cent penalty as IT Act lacks provisionIndia Today
Window for tax cheats: Disclosed illicit deposits face 50% tax, 4-year lock-inHindustan Times
Unaccounted deposits to face 50% tax, 4 year lock-in periodLivemint
Chandigarh Tribune –Deccan Chronicle –Daily Pioneer –Economic Times
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