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Offer Tax Incentives to Encourage Use of Credit, Debit Cards : White Paper

By LS TMemb7

In a bid to check the black money stashed abroad, the Finance Minister on Monday, tabled a white paper on black money in Parliament. The white paper suggested tax incentives to encourage use of debit cards and credit cards, along with the electronic transfer of funds. The white paper says that, the greater use of […]

KYC Details of P-Note Holders Helps to Curb Black Money: Govt

By LS TMemb7

The white paper on black money tabled by the Finance Minister says that, Investment in the Indian stock market by foreign investors through Participatory Note (P-Notes) routes back black money in the country generated by the Indians. The key to check the flow of black money in India’s stock market is only the KYC (Know […]