Breaking News

91 lakh persons come under tax net post note ban: Finance Minister

courtesy : Business Standard

Sting Newz Desk:  Finance Minister Arun Jaitley today said the number of persons under tax net has increased by 91 lakh post note ban and warned tax non-compliant persons to refrain from dealing in excessive cash and evaded money. Launching a website on ‘Operation Clean Money’, a programme to bring illegal wealth on books, he said the fallout of the November 8 decision to demonetise higher denomination currency has increased digitisation of economy, brought more people under tax net and instilled “huge fear of dealing in cash”. Stating that an additional 91 lakh people have filed the I-T returns post demonetisation, Jaitley said he expects further increase in tax returns going ahead.

Courtesy : PTI

Check Also

Corporal punishment: Delhi govt asks pvt school to take disciplinary action

Sting Newz Desk: The Delhi government has ordered Ramjas School in Anand Parbat area to take …

Leave a Reply

Your email address will not be published. Required fields are marked *