Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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</span></span></code>
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-The Hindu Business Line
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&lt;em&gt;Wants PAN used in payments over ₹1 lakh, cap on amount of cash a person can keep&lt;br /&gt;
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Income Tax authorities have traced about ₹4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing the matter said in its second report to the Supreme Court.
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The report, released on Friday, said investigations are pending in 33 cases involving an amount of ₹14,957.95 crore, and that the Enforcement Directorate is in the process of attaching assets worth over ₹3,800 crore.
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Of the 628 persons having bank accounts abroad, 339 have some money in their accounts, while the rest do not. And of them, 201 are non-residents or not traceable. In its recommendations, the SIT has proposed mandatory quoting of the Permanent Account Number (PAN) in sales involving payment of ₹1 lakh or more, to curb the creation of fake or bogus bills.
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&amp;quot;The purchaser would also be under an obligation to ensure that the invoices he gets have the PAN number of the seller,&amp;quot; the report pointed out.
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&lt;em&gt;Cash purchase&lt;/em&gt;
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The purchase or sale of goods or services by cash is rampant, which undoubtedly utilises or generates unaccounted money in society, the SIT observed,
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In order to regulate possession and transportation of cash, the team suggested putting a limit on cash holdings for private use and including a provision in the Income Tax Act for confiscation of cash held beyond the prescribed limit. Various European countries have such provisions, the SIT said.
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&amp;quot;Further, for holding of cash/currency notes also, there should be a limit, by prescribing a reasonable threshold, maybe ₹10 lakh or ₹15 lakh. This would control holding of unaccounted money to a large extent. This would also control transfer of unaccounted cash from one destination to another, which at present is rampant,&amp;quot; it said.
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Wants PAN used in payments over ₹1 lakh, cap on amount of cash a person can keep



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Wants PAN used in payments over ₹1 lakh, cap on amount of cash a person can keep



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-The Hindu Business Line


&nbsp;


Wants PAN used in payments over ₹1 lakh, cap on amount of cash a person can keep



Income Tax authorities have traced about ₹4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing..."/>
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                <strong>Black money: ₹4,500 cr lying in bank accounts abroad, says SIT</strong></h1>
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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67fd805d6e7e0-trace').style.display = (document.getElementById('cakeErr67fd805d6e7e0-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67fd805d6e7e0-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67fd805d6e7e0-code').style.display = (document.getElementById('cakeErr67fd805d6e7e0-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67fd805d6e7e0-context').style.display = (document.getElementById('cakeErr67fd805d6e7e0-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67fd805d6e7e0-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
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&amp;quot;The purchaser would also be under an obligation to ensure that the invoices he gets have the PAN number of the seller,&amp;quot; the report pointed out.
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Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
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-The Hindu Business Line


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Wants PAN used in payments over ₹1 lakh, cap on amount of cash a person can keep



Income Tax authorities have traced about ₹4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing..."/>
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                <strong>Black money: ₹4,500 cr lying in bank accounts abroad, says SIT</strong></h1>
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                <div align="justify">-The Hindu Business Line</div><p align="justify">&nbsp;</p><p align="justify"><em>Wants PAN used in payments over 1 lakh, cap on amount of cash a person can keep<br /></em></p><p align="justify">Income Tax authorities have traced about 4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing the matter said in its second report to the Supreme Court.</p><p align="justify">The report, released on Friday, said investigations are pending in 33 cases involving an amount of 14,957.95 crore, and that the Enforcement Directorate is in the process of attaching assets worth over 3,800 crore.</p><p align="justify">Of the 628 persons having bank accounts abroad, 339 have some money in their accounts, while the rest do not. And of them, 201 are non-residents or not traceable. In its recommendations, the SIT has proposed mandatory quoting of the Permanent Account Number (PAN) in sales involving payment of 1 lakh or more, to curb the creation of fake or bogus bills.</p><p align="justify">&quot;The purchaser would also be under an obligation to ensure that the invoices he gets have the PAN number of the seller,&quot; the report pointed out.</p><p align="justify"><em>Cash purchase</em></p><p align="justify">The purchase or sale of goods or services by cash is rampant, which undoubtedly utilises or generates unaccounted money in society, the SIT observed,</p><p align="justify">In order to regulate possession and transportation of cash, the team suggested putting a limit on cash holdings for private use and including a provision in the Income Tax Act for confiscation of cash held beyond the prescribed limit. Various European countries have such provisions, the SIT said.</p><p align="justify">&quot;Further, for holding of cash/currency notes also, there should be a limit, by prescribing a reasonable threshold, maybe 10 lakh or 15 lakh. This would control holding of unaccounted money to a large extent. This would also control transfer of unaccounted cash from one destination to another, which at present is rampant,&quot; it said.</p><p align="justify">It also suggested a statutory rule allowing the Income Tax Department to recover dues in respect of the property attached by the Enforcement Directorate. </p>               </font>
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Income Tax authorities have traced about ₹4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing the matter said in its second report to the Supreme Court.
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Wants PAN used in payments over ₹1 lakh, cap on amount of cash a person can keep



Income Tax authorities have traced about ₹4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing...&#039;
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Wants PAN used in payments over ₹1 lakh, cap on amount of cash a person can keep



Income Tax authorities have traced about ₹4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing..."/>
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                <strong>Black money: ₹4,500 cr lying in bank accounts abroad, says SIT</strong></h1>
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                <div align="justify">-The Hindu Business Line</div><p align="justify">&nbsp;</p><p align="justify"><em>Wants PAN used in payments over 1 lakh, cap on amount of cash a person can keep<br /></em></p><p align="justify">Income Tax authorities have traced about 4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing the matter said in its second report to the Supreme Court.</p><p align="justify">The report, released on Friday, said investigations are pending in 33 cases involving an amount of 14,957.95 crore, and that the Enforcement Directorate is in the process of attaching assets worth over 3,800 crore.</p><p align="justify">Of the 628 persons having bank accounts abroad, 339 have some money in their accounts, while the rest do not. And of them, 201 are non-residents or not traceable. In its recommendations, the SIT has proposed mandatory quoting of the Permanent Account Number (PAN) in sales involving payment of 1 lakh or more, to curb the creation of fake or bogus bills.</p><p align="justify">&quot;The purchaser would also be under an obligation to ensure that the invoices he gets have the PAN number of the seller,&quot; the report pointed out.</p><p align="justify"><em>Cash purchase</em></p><p align="justify">The purchase or sale of goods or services by cash is rampant, which undoubtedly utilises or generates unaccounted money in society, the SIT observed,</p><p align="justify">In order to regulate possession and transportation of cash, the team suggested putting a limit on cash holdings for private use and including a provision in the Income Tax Act for confiscation of cash held beyond the prescribed limit. Various European countries have such provisions, the SIT said.</p><p align="justify">&quot;Further, for holding of cash/currency notes also, there should be a limit, by prescribing a reasonable threshold, maybe 10 lakh or 15 lakh. This would control holding of unaccounted money to a large extent. This would also control transfer of unaccounted cash from one destination to another, which at present is rampant,&quot; it said.</p><p align="justify">It also suggested a statutory rule allowing the Income Tax Department to recover dues in respect of the property attached by the Enforcement Directorate. </p>               </font>
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-The Hindu Business Line
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<em>Wants PAN used in payments over ₹1 lakh, cap on amount of cash a person can keep<br />
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Income Tax authorities have traced about ₹4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing the matter said in its second report to the Supreme Court.
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The report, released on Friday, said investigations are pending in 33 cases involving an amount of ₹14,957.95 crore, and that the Enforcement Directorate is in the process of attaching assets worth over ₹3,800 crore.
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Of the 628 persons having bank accounts abroad, 339 have some money in their accounts, while the rest do not. And of them, 201 are non-residents or not traceable. In its recommendations, the SIT has proposed mandatory quoting of the Permanent Account Number (PAN) in sales involving payment of ₹1 lakh or more, to curb the creation of fake or bogus bills.
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&quot;The purchaser would also be under an obligation to ensure that the invoices he gets have the PAN number of the seller,&quot; the report pointed out.
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<em>Cash purchase</em>
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The purchase or sale of goods or services by cash is rampant, which undoubtedly utilises or generates unaccounted money in society, the SIT observed,
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In order to regulate possession and transportation of cash, the team suggested putting a limit on cash holdings for private use and including a provision in the Income Tax Act for confiscation of cash held beyond the prescribed limit. Various European countries have such provisions, the SIT said.
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<em>Wants PAN used in payments over ₹1 lakh, cap on amount of cash a person can keep<br />
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Income Tax authorities have traced about ₹4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing the matter said in its second report to the Supreme Court.
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The report, released on Friday, said investigations are pending in 33 cases involving an amount of ₹14,957.95 crore, and that the Enforcement Directorate is in the process of attaching assets worth over ₹3,800 crore.
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&quot;The purchaser would also be under an obligation to ensure that the invoices he gets have the PAN number of the seller,&quot; the report pointed out.
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<em>Cash purchase</em>
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The purchase or sale of goods or services by cash is rampant, which undoubtedly utilises or generates unaccounted money in society, the SIT observed,
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In order to regulate possession and transportation of cash, the team suggested putting a limit on cash holdings for private use and including a provision in the Income Tax Act for confiscation of cash held beyond the prescribed limit. Various European countries have such provisions, the SIT said.
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Wants PAN used in payments over ₹1 lakh, cap on amount of cash a person can keep



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Black money: ₹4,500 cr lying in bank accounts abroad, says SIT

-The Hindu Business Line   Wants PAN used in payments over 1 lakh, cap on amount of cash a person can keep Income Tax authorities have traced about 4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing the matter said in its second report to the Supreme Court. The report, released on Friday, said investigations are pending in 33 cases involving an amount of 14,957.95 crore, and that the Enforcement Directorate is in the process of attaching assets worth over 3,800 crore. Of the 628 persons having bank accounts abroad, 339 have some money in their accounts, while the rest do not. And of them, 201 are non-residents or not traceable. In its recommendations, the SIT has proposed mandatory quoting of the Permanent Account Number (PAN) in sales involving payment of 1 lakh or more, to curb the creation of fake or bogus bills. "The purchaser would also be under an obligation to ensure that the invoices he gets have the PAN number of the seller," the report pointed out. Cash purchase The purchase or sale of goods or services by cash is rampant, which undoubtedly utilises or generates unaccounted money in society, the SIT observed, In order to regulate possession and transportation of cash, the team suggested putting a limit on cash holdings for private use and including a provision in the Income Tax Act for confiscation of cash held beyond the prescribed limit. Various European countries have such provisions, the SIT said. "Further, for holding of cash/currency notes also, there should be a limit, by prescribing a reasonable threshold, maybe 10 lakh or 15 lakh. This would control holding of unaccounted money to a large extent. This would also control transfer of unaccounted cash from one destination to another, which at present is rampant," it said. It also suggested a statutory rule allowing the Income Tax Department to recover dues in respect of the property attached by the Enforcement Directorate.