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Pradhan Mantri Garib Kalyan Yojana | PMGKY Details, Deposit Scheme, PDF


Pradhan Mantri Garib Kalyan Yojana

Are you looking for a way to get rid of your black money? To lessen your tension the Pradhan Mantri Garib Kalyan Yojana has been launched. Through this scheme the black money holders can declare their black money easily. If you have the urge to know more details about PMGKY like what is the deposited scheme? And what amount will be deducted etc stay tuned. You can also get the PDF regarding the same. Believe us this time you are getting a chance of being free from the black money tensions

Pradhan Mantri Garib Kalyan Yojana
Here you will get the details regarding PMGKY (Pradhan Mantri Garib Kalyan Yojana) like the deposited scheme that how can you declare or deposited your uncounted cash , for your concern here is a PDF available through which you can know more regarding the scheme

What actually Pradhan Mantri Garib Kalyan Yojana is?

After the declaration that the 500 and 1000 notes are banned, the question is how the black money holders will declare their amount without any issue?

Pradhan Mantri Garib Kalyan Yojana
To resolve this issue this is a scheme which is launched by our respected prime minister, through this scheme the black money holders are given a chance to declare the money they have but not recorded in the books of their accounts i.e. their black money. Once the money is declared and the money holders pay all the taxes regarding it and will get immunity for the raid or any other government proceedings regarding the amount they are having, their money will be immune.

After the notes ban news a new scheme is also coming into consideration as Pradhan Mantri Garib Kalyan Yojana. Under this scheme the government is giving the citizens a chance to declare their uncounted money. This scheme is quite similar to the income tax declaration scheme.

Check Latest Yojana’s:
Duration of Pradhan Mantri Garib Kalyan Yojana?

The government has given time to the black money holders that they can declare their amounts till 30th December 2016. After that strict actions will be taken regarding it.

If the black money is declared under this scheme:

If the person declared their amounts under the scheme then the taxes and penalties will include income tax @30%; penalty @33% or income tax(10% of the amount declared) and PMGKY cess @10% , this all will be total as the 50% of the amount declared by the person and 25% will be deducted for the improvement of agricultural sector and economy etc , at last the money holder will get only 25% of the total amount

Current PM (Narendra Modi), Political LifePrime Minister of India 

If the citizen declare his/her money after the scheme:

If the persons do not declare their amounts then all the taxes and penalties will raised to 85% and only 15% of the black money will be left with the holder.

What if the money not declared even after scheme?

And if the money is seized by the government in raid then the 30% income tax and 50 % penalty or 200% tax will be continued.

How to declare the amount?

If you want to declare the amount all you need to do is to visit the RBI or any recognized bank and submit your money . Then your money will be checked and the taxes will be imposed and the rest amount will be transferred in your account. After that you can fill up the form that all of your debts regarding tax are clear then you will be free from all the black money taxes and debts.

For future security the only way you can opt is to pay the taxes regularly and with honestly.

Responsible For Successful Political CareerNarendra Modi- Positive Points 

Benefits of Pradhan Mantri Garib Kalyan Yojana:

Through this scheme the Indian society will get a lots of benefits in terms of economical growth etc.
As many people are shouting because this time they are going to lose their money (uncounted money) they collected and have to pay a big amount to the government , but this is giving the Indian economics a great growth as the money collected through this scheme will be used in the development of the society.

The amount will be used for:
  • Growth of farmers
  • Development of rural areas
  • Growth in public sector organizations
  • Various pension and other schemes will be launched
  • The money will be used to buy new arms for the military
  • For the overall development of the society
  • Infrastructural growth
  • And many more
Related Updates:
Every step of development will leads the nation towards a bright and a secure future. For e.g. our PM distributed free gas connections to the rural needy people , this help them a lot and it becomes possible because we let a small amount of our income to be used in this process . Now think this time the amount is too much big than that , then what will be the ratio of the growth.

If you have any queries regarding the Pradhan Mantri Garib Kalyan Yojana, then feel free to comment in the below comment section and for further posts stay connected with our page.

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