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Bill - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Charge of tax and surcharge - THE INCOME DECLARATION SCHEME, ...


Income Declaration Scheme 2016: 30% Tax on Undisclosed Income Plus 25% Krishi Kalyan Cess Surcharge.

March 4, 2016

Act Rules     Bill

Charge of tax and surcharge - THE INCOME DECLARATION SCHEME, 2016 - tax of thirty per cent. on the undisclosed income declared in the scheme, a surcharge at the rate of twenty-five per cent. of such tax as Krishi Kalyan Cess of tax will be levied

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