Declare undisclosed income by Sept 30, it is last chance: PM Modi - News Summed Up

Declare undisclosed income by Sept 30, it is last chance: PM Modi


"I have promised that there will be no inquiry into the source of the undisclosed income and assets if the declaration is made voluntarily. Therefore, my brothers and sisters, there is a golden chance to declare your undisclosed income. "For those having undisclosed income, the government has provided a special chance to declare it by September 30," Modi said in his monthly radio programme 'Mann Ki Baat'.He said by paying a penalty, those having undisclosed money can free themselves from various kinds of burden. NEW DELHI: Prime Minister Narendra Modi today asked people to declare their undisclosed income by September 30, making it clear that this is the last chance to avoid problems that will follow after the window of opportunity closes.He said no questions would be asked about the source of the undisclosed income or assets if the declaration is made voluntarily by September 30. That is why I am saying it is a good chance for becoming a part of transparent system," he said.


Source: Economic Times June 26, 2016 07:18 UTC



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