Exclusive Information By Stock Tips Provider | Big Disclosure On Deposit Funds In Swiss Bank

According To the Stock Tips Provider, Our money, not black money. Swiss bank depositors themselves have disclosed the amount in front of the government through income tax return. According to the exclusive information given to Rudra Investment, the Income Tax Department has investigated that the income tax has been paid on the amount deposited in the Swiss bank.

According to information from the sources, the investigation of the IT department has shown that every amount deposited in a Swiss bank is not black money. This is revealed in the income tax department report. According to sources quoted from sources, taxpayers have disclosed themselves on the amount deposited in the Swiss bank in the income tax return. Details of the amount deposited by Swiss Bank in the ITR's FA schedule has been given.

According to information from the sources, the total amount deposited in the Swiss bank in the year 2016-17 is estimated to be Rs 5200 crore. About 700 people have already disclosed the amount deposited in the Swiss bank. Those who disclose are the most personal taxpayers. Apart from this, the bank and many companies are also involved. Since this amount is filed in the ITR, it is not black money. The government expects ITRs to be revealed in the coming days. According to the Income Tax Department, this money was sent out under the Liberalized Remittance Scheme. According to the scheme, one person can send 2.5 million dollars every year.