I-T dept to levy 100% penalty even for receiving cash over Rs 3 lakh: Hansmukh Adhia
In a bid to check generation of black money, a steep penalty awaits those accepting cash in excess of Rs 3 lakh, beginning April 1, to settle any transaction.
Feb 05, 2017, 12:01 PM IST
This is how PM Modi and team plotted demonetisation plan
Prime Minister Narendra Modi handpicked a trusted bureaucrat, little known outside India`s financial circles, to spearhead a radical move to abolish 86 percent of the country`s cash overnight and take aim at the huge shadow economy.
Dec 09, 2016, 10:01 AM IST
Government could cut corporate tax to 25% earlier than expected: Revenue secretary Hasmukh Adhia
Corporate tax in India could come down to 25 percent before the four year deadline, as government is looking at unleashing corporate tax reforms in the country.
Nov 02, 2015, 12:42 PM IST
