Rahul Mehta Gandhinagar LsCandidate
Reality check --- A few months back, GoI had declared that Income declaration Scheme aka IDS fetched Rs 65000 crores !!
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Lets do a reality check
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The income disclosed was Rs 65000 crore.
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Amount income tax dept would get = 45% = say Rs 30000 crore.
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But amount is to be paid in 4 installments !!!
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The first instalment's due date was 30-nov-2016 i.e. just 2 days back
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So how much is the ACTUAL amount recieved ??
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Lets wait.
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But one guy who claimed undisclosed income of Rs 13000 crores has NOT deposited a single penny !!!!
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His offices were raided
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Income tax dept found a princely sum of Rs 30000 from his office !! Yes, ONLy Rs 30,000 !! No typo.
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So lets wait to see how much of this Rs 30000 crores actually comes from IDS !!!