Window for black money in India

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Hi Mylot Friends, Indian Govt taken a bold step for Black money holders by opening a Black money window from 1st June onwards, this will open for 4 months that is up to 30th September. Any body can turn their black money in to white money by paying 45 percent tax. Govt also assured that no scrutiny or penalties are not imposed on the black money submission. If block money was not submitted voluntarily in this period the finance department may imposed tax, surcharge and penalties on black money