The TETELESTAI (It’s finished) e mail which can include the primary 800#’s can be posted first on a non-public page and can be sent out to everybody subscribed to the private web page’s feed. Being a tax professional my suggestion can be that the Govt should come out with an announcement that any money deposits made by any person for which he is unable to indicate bonafide supply, tax shall be levied at flat 30% plus penalty primarily based on fastened slabs (for eg. money deposit upto 100 lakhs -Penalty 10lakhs, 100L-500L – 50 lakhs and many others) instead of levying 200%, which is a major deterrent for the black money holders to deliver the money into the legal system.
So, if the losses inflicted upon these with black cash are Rs.2 trillion, the prices for others shouldn’t be more than Rs.zero.2 trillion. Other prices: We are listening to information … Read More