The government has constituted a group of experts to suggest measures to encourage tax evaders to disclose their unaccounted income voluntarily.The finance ministry’s move comes at a time when the country is debating a crackdown on black money.The latest study comes in the backdrop of finance minister Pranab Mukherjee’s statement that two groups have been constituted to look into different aspects of black money,including a proposed amnesty scheme.The group will come up with strategies to increase direct tax collections and suggest measures to curb tax evasion in the changing business scenario.

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Category : Income Tax (28050)
Type : News (13854)

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