Taxation Laws (second Amendment) Bill

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30% tax, 10% penalty, 33% surcharge on income undisclosed: Govt

The government on Monday offered a new window for tax dodgers to come clean, allowing them to declare hidden wealth by paying a 30 percent tax, a 10 penalty and a 33 percent surcharge under a proposed new law.

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Taxation Laws (second Amendment) Bill

30% tax, 10% penalty, 33% surcharge on income undisclosed: Govt