https://www.taxtmi.com/article/detailed?id=1108 The author proposes a "CLEANSE ALL SINS SCHEME" under which undisclosed domestic and offshore cash and property would be regularized by payment of a specified levy without interest or penalties and with protection from investigation and prosecution; the note warns that such an amnesty would regularize and effectively whitewash ill gotten wealth rather than subject it to criminal or enforcement processes, and contrasts routine tax reassessment procedures with the political reluctance to initiate inquiries against powerful persons. en-us Sat, 29 Jan 2011 19:52:30 +0530 Sat, 14 Sep 2013 23:04:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1108 The author proposes a "CLEANSE ALL SINS SCHEME" under which undisclosed domestic and offshore cash and property would be regularized by payment of a specified levy without interest or penalties and with protection from investigation and prosecution; the note warns that such an amnesty would regularize and effectively whitewash ill gotten wealth rather than subject it to criminal or enforcement processes, and contrasts routine tax reassessment procedures with the political reluctance to initiate inquiries against powerful persons. Articles Budget - Tax Proposals Sat, 29 Jan 2011 19:52:30 +0530 https://www.taxtmi.com/article/detailed?id=1108