Tue, Jun 27, 2017 | updated 02:30 PM IST

Maya questions need for demonetisation if Centre wanted to convert black money into white

Updated: Nov 29, 2016 12:35 IST      
Maya questions need for demonetisation if Centre wanted to convert black money into white
New Delhi [India], Nov. 29 (ANI): After the Centre introduced a Bill in the Lok Sabha that gives tax defaulters an opportunity to come clean by paying tax and penalties, Bahujan Samaj Party ( BSP) supremo Mayawati on Tuesday said if the government had another voluntary income disclosure scheme, then they should not have pulled old 500 and 1,000 rupee notes out of circulation.

Mayawati told the media, "In a new Bill proposed by the Centre in the Lok Sabha that gives tax defaulters an opportunity to come clean by paying tax and penalties, in this regard, the only thing that my party would like to say is that if they had plans like these, then why did they decided to demonetize 500 and 1,000 rupee currency?"

"Why is 90 percent of the population of this country standing in queues outside ATMs? If they had plans of imposing tax on black money, which could further make their money white, then there was no need for the Centre to impose such a scheme like demonetisation," she added.

Day nine of the Winter Session of Parliament saw the Centre introducing the Income Tax Laws (Second Amendment) Bill on Monday.

The Bill provides for 'Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016' (PMGKY).

The key feature of the proposed amendment to the Income-Tax Act is a proposal to impose 50 per cent tax on undeclared income that is voluntarily disclosed till December 30, following which 82.5 per cent (75 per cent tax and 10 per cent of such tax as penalty) could be levied on undeclared income detected by authorities. The tax changes are intended to supplement the demonetisation move targeted at curbing black money, the Finance Ministry said in a statement.(ANI)

Fast track interlinking river projects: Stalin writes to PM

Updated: Jun 27, 2017 14:12 IST     

Chennai (Tamil Nadu) [India], June 27 (ANI): Dravida Munnetra Kazhagam (DMK) acting president M.K. Stalin on Tuesday wrote to Prime Minister Narendra Modi, asking him to focus on interstate river linking projects to help farmers tackle drought in the country.

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New Delhi [India], June 27 (ANI): Opposition presidential candidate Meira Kumar on Tuesday categorically stated that there should not be one upmanship on caste for the post of President.

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New Delhi [India], June 27 (ANI): After an elderly woman from Meghalaya, Tailin Lyngdoh, was allegedly asked to leave the Delhi Golf Club for wearing a traditional Khasi dress and being told that she looked like a maid, club authorities on Tuesday issued a formal apology letter describing the incident as unfortunate and indicating that disciplinary action was being taken against the concerned staff.

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Darjeeling (West Bengal) [India], June 27 (ANI): The Gorkha Janmukti Morcha (GJM)on Tuesday burnt copies of the tripartite Gorkhaland Territorial Administration (GTA)?accord at several places in Darjeeling.

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New Delhi [India], June 27 (ANI): Responding to the Delhi Golf Club's eviction of a woman from the north east for allegedly not adhering to prescribed attire, women activists on Tuesday condemned the club for making the north eastern community feel like 'foreigners' in their own country.

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Satisfied with our work: Yogi on completing 100 days in UP

Updated: Jun 27, 2017 12:50 IST     

Lucknow (Uttar Pradesh) [India], June 27 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday said he was satisfied with the work done by his Bharatiya Janata Party (BJP) Government in the first 100 days.

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New Delhi [India], June 27 (ANI): In a shocking incident, an elderly woman from Meghalaya, Tailin Lyngdoh, was allegedly asked to leave the Delhi Golf Club on Sunday, as she was wearing a traditional Khasi dress and resembled a maid.

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SC refuses to stay Govt's Aadhaar notification

Updated: Jun 27, 2017 12:37 IST     

New Delhi [India], June 27 (ANI): The Supreme Court on Tuesday refused to pass any order or interim order on a government notification of making the Aadhaar card mandatory for availing benefits of various social welfare schemes.

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New Delhi [India], June 27 (ANI): After the United States declared Syed Salahuddin, the chief of Kashmiri militant outfit Hizbul Mujahideen, as a "global terrorist", former foreign secretary Salman Haider on Tuesday termed it as the "big outcome" of Prime Minister Narendra Modi's visit to the country.

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Soldier commits suicide in Mumbai

Updated: Jun 27, 2017 12:08 IST     

Mumbai [India], June 27 (ANI): A soldier posted in Pune's Kharki area, committed suicide at the Narayana Sewa Ashram in Mahalaxmi, Mumbai on Monday.

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New Delhi [India], June 27 (ANI): Welcoming United States move to declare Hizb-ul-Mujahideen chief Syed Salahuddin a global terrorist, Union Home Secretary Rajeev Mehrishi on Tuesday said the move would affect the former's funding and movement.

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Hyderabad's RK Puram Lake spills toxic foam

Updated: Jun 27, 2017 10:56 IST     

Hyderabad (Telangana) [India], June 27 (ANI): The Rama Krishna Puram (RK Puram) Lake canal in Hyderabad overflowed with toxic foam on Tuesday morning spewing the foam in the surrounding areas.

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Congress dubs PM's U.S. visit 'disappointing'

Updated: Jun 27, 2017 10:53 IST     

New Delhi [India], June 27 (ANI): The Congress Party on Wednesday dubbed the India-United States joint statement as 'disappointing' and opined that nothing has come out of Prime Minister Narendra Modi's U.S visit.

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Pahalgam (Jammu and Kashmir) [India], June 27 (ANI): With the Amarnath Yatra set to begin from June 29, the Jammu and Kashmir Police on Tuesday said that they have put all the necessary security arrangements in place so that the pilgrims have a hassl

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Delhi: Minor raped, police arrest accused

Updated: Jun 27, 2017 09:28 IST     

New Delhi [India], June 27 (ANI): A minor was allegedly raped in Delhi's Nangloi area, following which the accused was arrested in the wee hours of Tuesday.

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DU LLB seats row: Delhi High Court to continue hearing today

Updated: Jun 27, 2017 08:00 IST     

New Delhi [India], June 27 (ANI): The Delhi High Court on Tuesday will continue hearing the plea seeking directions to the Bar Council of India to not reduce LLB seats in Delhi University.

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Dengue, Chikungunya menace: Delhi HC to continue hearing

Updated: Jun 27, 2017 08:00 IST     

New Delhi [India], June 27 (ANI): The Delhi High Court will on Tuesday continue hearing several petitions seeking action by the Delhi Government and civic authorities to stop the spread of dengue and chikungunya.

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UP people feeling cheated in 100 days of Yogi Govt.: Cong.

Updated: Jun 27, 2017 07:59 IST     

New Delhi [India], June 27 (ANI): As Yogi Adityanath completed 100 days in office as the Uttar Pradesh Chief Minister on May 26, the Congress on Tuesday slammed his government for failing to improve the law and order in the state.

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Bengaluru(Karnataka) [India], June 27 (ANI): Dubbing the Hyderabad incident where a woman was refused a room for being 'single' as regressive, women rights activist Brinda Adige on Tuesday slammed the patriarchal mindset of the hotel authorities.

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New Delhi [India], June 27 (ANI): Hailing Unites States' move to designate Hizbul Mujahideen chief Syed Salahuddin as a global terrorist, the Ministry of External Affairs (MEA) on Tuesday dubbed it a strong signal from the administration.

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