Keyword : IDS

All you wanted to know about Income Declaration Scheme*

Black money, since the colonial times, has been the elephant in the room: it is everywhere and yet rarely talked about. In recent years, however, the middle class has become more strident i

“We cannot afford to do business with black money”

How is the response to the IDS? The response has been good. A number of declarations have come and there have been a large number of inquiries too.

Time to end the marriage of bad money and bad politics

Black money is essentially a popular name for black economy. By now it has ‘evolved’ into a grey, that is an indistinguishable mixture of black (i.e., illegal-immoral) and white (i.e.,

“But for black economy, each one of us would have been seven times richer”

What do the income disclosure or amnesty schemes reflect on the government? What it suggests is that the government under the normal schemes is not able to take care



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