https://www.taxtmi.com/news?id=17097 The government's Pradhan Mantri Garib Kalyan Yojana (PMGKY) provides a statutory tax amnesty for undisclosed deposits of demonetised currency, requiring payment of half the disclosed amount as tax and placement of one quarter in a non interest bearing deposit for four years; declarations are accepted only after tax payment and production of the tax receipt, and the scheme offers confidentiality and immunity from prosecution during the prescribed window. en-us Sat, 17 Dec 2016 10:29:22 +0530 Sat, 17 Dec 2016 10:29:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17097 The government's Pradhan Mantri Garib Kalyan Yojana (PMGKY) provides a statutory tax amnesty for undisclosed deposits of demonetised currency, requiring payment of half the disclosed amount as tax and placement of one quarter in a non interest bearing deposit for four years; declarations are accepted only after tax payment and production of the tax receipt, and the scheme offers confidentiality and immunity from prosecution during the prescribed window. News - Sat, 17 Dec 2016 10:29:22 +0530 https://www.taxtmi.com/news?id=17097