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Govt says examining reports on black money estimation

Govt says examining reports on black money estimation

Government Tuesday said reports received from three reputed institutes -- NIPFP, NCAER and NIFM -- on estimation of unaccounted income and wealth are being examined.

Era of tax avoidance to minimise liability over, warns CBDT

Era of tax avoidance to minimise liability over, warns CBDT

All those in business trying to minimise the applicable tax in any manner would be dealt with sternly,CBDT Chairperson Anita Kapur siad on Thursday.

 

Black money study reports yet to be accepted: Finance Ministry

The Finance Ministry is yet to accept two of the three reports submitted to it on the assessment of black money in India and abroad which were commissioned by the UPA government three years ago.

Study on black money yet to be completed: FinMin

The Finance Ministry had set a time period of 18 months, which expired last year on August 21, for completion of the study.

Think-tanks to submit report on blackmoney by December: FinMin

The three leading think-tanks-- NCAER, NIFM and NIPFP-- conducting a joint study on the quantum of blackmoney, are likely to submit the report to government by December 2012, Parliament was informed Thursday.