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Expect black money crackdown once declaration scheme ends

The Narendra Modi government is readying a massive crackdown on black money once the Income Declaration Scheme, which gives offenders one last chance to come clean, ends on September 30.

The Central Board of Direct Taxes (CBDT) has loads of financial information and data to act against tax evader. The board has directed field formations to be ready to use the information, leaving out those who have declared under the Income Disclosure Scheme (IDS). The scheme, which opened on June 1, ..

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http://economictimes.indiatimes.com/articleshow/54371999.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Expect black money crackdown once declaration scheme ends - The Economic Times CBDT has directed field formations to be ready to use the information, leaving out those who have declared under the Income Disclosure Scheme (IDS).