(a) whether the Government has collected thousands of crores of rupees by levying tax on
declaration of undisclosed income under the Income Declaration Scheme (IDS), 2016;
(b) if so, whether the Government proposes to utilise the funds accrued through IDS to
undertake developmental works in the country; and
(c) if so, the details thereof and if not, the reasons therefor?
MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI SANTOSH KUMAR GANGWAR)
(a) The dates specified for payment of tax, penalty and surcharge under the Income-
Declaration Scheme, 2016, are 30.11.2016, 31.03.2017 and 30.09.2017. In view of the same,
the total amount collected under the Scheme shall be firmed up after the last date of
installment i.e. 30.09.2017.
(b)&(c) Does not arise in view of reply to (a) above.
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