amnesty scheme Archives - H&R Block| Blog

amnesty scheme

November 23, 2016
Swiss Banks to Share Information with India

Swiss Banks to Share Information with India

Government has given another blow to parallel economy by signing an agreement with Switzerland for automatic exchange of information or AEOI. This agreement will help India in obtaining all information on transactions made by Resident Indians to Swiss banks. Indian government has no official estimation […]
November 22, 2016
Demonetization Myths

11 demonetization Myths – Debunked!

Government is using demonetization as a weapon against parallel economy, corruption and terrorism. Although a lot of information regarding the same is easily available, it has been hard for people to differentiate between truth and myth. Today we will debunk the most common myths about […]
September 28, 2016

Last Month of Income Declaration Scheme – Why Should You Avail Income Declaration Scheme?

The Income Declaration Scheme offers tax evaders an opportunity to disclose their unaccounted assets or income. The scheme allows them to rectify their tax errors by paying the applicable taxes, surcharge, and penalty amounting to 45% of overall undisclosed income and start afresh. Since, the […]