Government Introduce Income Tax Amendment Bill in Parliament | News Watch (29-11-2016) iNews

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L. Vijaykrishna Reddy who is a political analyst talks on new amendment bill on Income tax to curb all the black money. Taxing Black money to give tax defaulters another chance so that government gets benefit through Income tax.The key feature of the proposed amendment to the Income-Tax its proposal to impose 50 percent tax on undeclared income that is voluntarily disclosed till December 30, 201, following which 82.5% tax could be levied on undeclared income detected by authorities.

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    Government Introduce Income Tax Amendment Bill in Parliament | News Watch (29-11-2016) iNews

    L. Vijaykrishna Reddy who is a political analyst talks on new amendment bill on Income tax to curb all the black money. Taxing Black money to give tax defaulters another chance so that government gets benefit through Income tax.The key feature of the proposed amendment to the Income-Tax its proposal to impose 50 percent tax on undeclared income that is voluntarily disclosed till December 30, 201, following which 82.5% tax could be levied on undeclared income detected by authorities.

    Watch I News, 24/7 Telugu News Channel, for all the latest news including breaking news, regional news, national news, international news, sports updates, entertainment gossips, business news, political satires, crime news, exclusive interviews, movie reviews, political debates, fashion trends, devotional programs and featured shows such as Jabardasth News, Big Cinema, Movie Special, Cinema Chupista Mama, Metro Colors, Anaganaga, News Makers, Eevaram Athidi, Omkaram, Yoga Sutra and Money Money.

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