No Extension In Deadline For Black Money Disclosure Scheme


New Delhi: Government on Friday discounted any expansion to the September 30 due date for documenting pay exposure under the dark cash consistence window. 

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In a progression of tweets, Revenue Secretary Hasmukh Adhia said that desires are raised that looking to the eagerness of individuals for making IDS presentation, the date for money divulgence plan (IDS) would be amplified. 

"We need to make it clear that the last date for Income Declaration Scheme (IDS) won't be amplified," Adhia tweeted. 

Under the IDS, individuals can unveil their undeclared salary and break arraignment. The plan, which was propelled on June 1 to reveal dark cash, closes on September 30. 

"We, along these lines, speak to individuals to record their statements in time before 30th September," Adhia said. 

Those revealing resources under the IDS will need to pay 45 for every penny charge in addition to punishment. Likewise the installments can be made in three portions till September rpt September 2017.

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