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Black money window will not be extended: Fince Minister

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  29 Jun 2016 12:00 AM GMT

NEW DELHI, June 28: Fince Minister Arun Jaitley on Tuesday made it amply clear that the window to disclose uccounted wealth will not be extended beyond the four month period, ending on September 30. “(We) will not extend compliance. This is a last chance for people to declare their uccounted income. Government will run it as a mission. Later whoever will come under the purview of the law, will have to bear consequences,” Jaitley told reporters after meeting representatives of trade and industry and professiol bodies to discuss the compliance window. The one-time compliance window - Income Declaration Scheme (IDS) 2016 - opened from June 1 till September 30, as mentioned earlier by the Fince minister in the Union Budget. IANS

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