Anti-black money measures brought undisclosed income of about 1.3 Lakh Crore to tax 6,900 Crore worth Benami assets and 1600 Crore worth foreign assets attached 18% growth in direct tax collection in Fy 2017-18 Tax base increased by 1.06 Crore people filing ITR for 1st time mainly on account of demonetization https://www.taxtmi.com/news?id=21010 Anti-black money measures enacted via the Black Money law, the Fugitive Criminal Offenders Act and demonetisation led to taxation of undisclosed income, seizures and attachments of domestic and foreign assets, attachment of benami assets, detection and de-registration of numerous shell companies with director disqualifications, and a notable increase in direct tax collections and first-time income-tax filers attributed mainly to demonetisation. en-us Fri, 01 Feb 2019 13:55:06 +0530 Fri, 01 Feb 2019 13:55:06 +0530 TaxTMI RSS Generator Anti-black money measures brought undisclosed income of about 1.3 Lakh Crore to tax 6,900 Crore worth Benami assets and 1600 Crore worth foreign assets attached 18% growth in direct tax collection in Fy 2017-18 Tax base increased by 1.06 Crore people filing ITR for 1st time mainly on account of demonetization https://www.taxtmi.com/news?id=21010 Anti-black money measures enacted via the Black Money law, the Fugitive Criminal Offenders Act and demonetisation led to taxation of undisclosed income, seizures and attachments of domestic and foreign assets, attachment of benami assets, detection and de-registration of numerous shell companies with director disqualifications, and a notable increase in direct tax collections and first-time income-tax filers attributed mainly to demonetisation. News - Fri, 01 Feb 2019 13:55:06 +0530 https://www.taxtmi.com/news?id=21010