Taxes on unaccounted deposits may be levied at the rate of up to 60% (30% tax plus 30% penalty), higher than the 45% levied under the income disclosure scheme (IDS) that closed on September 30, according to people aware of what transpired at the cabinet meeting.<br /><br /><br />For More Information visit us: http://www.inkhabar.com/<br />Connect with us on Social platform at: https://www.facebook.com/Inkhabar<br />Connect with us on Social platform at: https://twitter.com/Inkhabar<br />Subscribe to our You Tube channel: https://www.youtube.com/user/itvnewsindia
