Income Declaration Scheme (26 August 2016)

Meerut Management Association and Indian Industries Association jointly organized another successful seminar on 26th August, 2016 at IIA Bhawan, Meerut. Smt. Anjali Tiwari, Principal Commissioner, Income Tax, Meerut was the chief guest and Sh. Arkendra Singh, Joint Commissioner, Income Tax, Meerut was the distinguished speaker who enlightened on the Income Declaration Scheme 2016.

Smt. Anjali Tiwari informed us that a valuation on an individual basis is made by a registered valuer to declare Gold, Silver and Diamond and the tax is paid accordingly.

Sh. Arkendra Singh explained that under this scheme anyone can convert his black money into white after declaring his all assets and paying 45% tax.

During this informative talk the income tax officers answered many queries asked by industrialists.

MMA and IIA members were present in the seminar. Mr. A. N. Malhotra, Chairman Indian Industries Association and Mr. Ankit Singhal, President Meerut Management Association were chair persons.

 

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