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Levy 40% fine on unaccounted money: Assocham


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arungopal agarwal
40%
by arungopal agarwal on Feb 25, 2015 05:31 PM  | Hide replies

OK for black money but what about corrupt money which is with politicians and Govt. servants, must be snatched or they are to be hanged.
No one is talking for the Maharaja like expenditure took place in engagement of Lalu and Mulayam children where 1 lac people have eaten and total govt. machinery was involved. Income Tax silent, SC-silent, EC-silent. Joke of democracy.

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Parthasarathy Krishna
Re: 40%
by Parthasarathy Krishna on Feb 25, 2015 07:36 PM
All money ok. For once this should be done as amnesty. Lot of unused money will come to market. Govt will earn on IT collection. And whitened money will put into use with banks swelling with cash rich. FM should do this for once on experiment.

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