With reference to Shrimi Choudhary's report, “IDS-II gets cold response” (March 28), the Pradhan Mantri Garib Kalyan Yojana (PMGKY) is nearing its deadline but is far behind the IDS-I scheme of September 2016 that fetched a declaration of nearly Rs 55,000 crore. PMGKY has managed only Rs 6,000 crore so far.
The government's new "fear" tool lacks effectiveness, as the present situation indicates that tax evaders are not keen to take up these schemes. Close to 1.8 million taxpayers were sent emails and messages explaining the sources of their high-value tax deposits; only 871,000 responded under Operation Clean Money.
The government's new "fear" tool lacks effectiveness, as the present situation indicates that tax evaders are not keen to take up these schemes. Close to 1.8 million taxpayers were sent emails and messages explaining the sources of their high-value tax deposits; only 871,000 responded under Operation Clean Money.
