Strict Action Against Tax Evaders Using Other Persons’ Bank Accounts To Convert Their Black Money: Finance Ministry

The Ministry of Finance Today clarified that strict action will be taken against tax evaders using other persons’ Bank Accounts to convert their Black Money into new denomination notes.The press release states as follows:“It was announced by the Government earlier that small deposits made in the banks by artisans, workers, housewives, etc. would not be questioned by the Income Tax...