A division bench of the Delhi High Court, on Monday held that penalty under section 271AAC of the Income Tax Act, 1961 would not attract when an application filed under the Pradhan Mantri Garib kalian

The Central Board of Direct Taxes (CBDT) today said a declarant under the PMGKY scheme will be allowed to file declaration under the stipulated Form 1 by April 10, if tax and penalty is paid by the deadline that

To extend the availability and reach of its online services, which have become crucial in the wake of the COVID-19 pandemic, EPFO updated Know your Customer (KYC) data for its 73.58 lakh subscribers during the

The Central Board of Direct Taxes (CBDT) on Thursday allowed the declarants under PKGKY 2016 scheme to correct the errors in the challans. Compulsory deposits challan under PMGKD are not under CBDT power as the Scheme

The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench presided by Ms Diva Singh, Judicial Member, and Mr Vikram Singh Yadav, Accountant Member has held that unexplained income offered consolidated basis under Pardhan Mantri Garib Kalyan

The Central Board of Direct Taxes (CBDT) today extended time for filing declaration under the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 till May 10th 2017. The Taxation and Investment Regime

The Central Government, last week prohibited the public servants from sharing any information or documents in relation to the Pradhan Mantri Garib Kalyan Yojana ( PMGKY ), 2016 introduced by the Government after demonetisation. Following

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has given its approval for extending the contribution both 12% employees' share and 12% employers' share under Employees Provident Fund(EPF), totaling 24% for

In a notification issued yesterday, the Ministry of Finance has extended the due date for deposit under Pradhan Mantri Garib Kalyan Yojna Deposit Scheme till April 30th 2017. The Central Government had introduced the Pradhan

Following the shocking move of currency ban which aims at removal of black money in India, the Central Government has introduced the Pradhan Mantri Garib Kalyan Yojana, 2016 last week. The scheme is the final

Amendment in Pradhan Mantri Garib Kalyan Deposit Scheme, 2016. While amending earlier notification issued by Reserve Bank of India (RBI), the Finance Ministry has barred Co-operative  from accepting deposits under Pradhan Mantri Garib Kalyan Yojna

In a recent circular issued by the Central Board of Direct Taxes (CBDT), the Board issued clarifications on the PMGKY Scheme. The circular clarified that in case of undisclosed income represented in the form of

The Central Board of Direct Taxes (CBDT) on Thursday issued an order that all designated offices of the Income Tax department which can accept declarations under the black money window of PMGKY will remain open

In a notification released today, the Central Board of Direct Taxes (CBDT) issued clarification on newly introduced The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016. The Scheme has commenced on 17th

The Income Tax Appellate Tribunal (ITAT), Jaipur Bench held that income already disclosed under Pradhan Mantri Garib Kalyan Yojana (PMGKY), 2016 can not be treated as unexplained income under section 68 of the Income Tax