Income tax dept should probe first on priority all the people with deposits in multiple accounts after demonetisation & all big bank loan defaulters& those accounts showing tax free agriculture income more than 25 lakhs( many industrialists/business man showing profits of business as farm income), and next all those super rich with more than 4 cars/farm houses/super mansions/businessman turned politicians .Only when these people are probed first,then common man feels this demonetisation exercise is worth and its purpose served.Also all accounts in foreign countries to be investigated and tax collected
Our Amnesty India can outsmart Amnesty International.Periodically like this we encourge black money build up.WORSE STILL WE GIVE RESPECTABILITY TO IT BY NOT DISCLOSING NAMES.There was a news report in this site saying that Mr.Chavan the then F.M. when he went and discussed with Wanchoo Commission Recommendation to demonatise the P.M had said"Chavanji are there not any more elections to fingt".That is said ;there may other domains like elections too." Our PRESS ,PRINT,ELECTRONIC media are ELOQUENTLY SILENT on that black money generation ,give AMNESTY TO THAT.We must publish the names of those people who avail themselves of the Income dEclaration Scheme R.PONNAMBALAM
IT deptt. is just creating a terror governance, appears Modi does not have any other work except to harass people, even if these small deposit holders have done it to favour few, no favour is done without reward, if these small holders hot the reward, what is wrong in it, what govt.wanted to do for them, they got it. If Govt. feels that very huge amount can be changed this manner-it is not possible as per the system. Such terror created by Babus will tarnish the image of Modi and these Babus will mint money. Their culture has not changed, they are even today seeking bribe with future assurance.
Re: Small deposits
by raj on Nov 30, 2016 03:18 PM
tsis is funny...why samll depositiors should help black moneyed people to convert to white and become a scape goat?
Re: Re: Small deposits
by Kaul Pranpyari on Dec 01, 2016 12:57 PM
There was a scheme of 10% reward to public for bringing in details of smugglers in the past.Will that be applicable for bringing in details of persons holding No:2 assets & not paying taxes?[Will keep a deterrent in place].How do people not understand that by helping the tax evaders we are made to pay their taxes?
