Payments towards Tax, Penalty, Surcharge & Deposit under PMGKY 2016 in Old Notes allowed till 30th Dec 2016.

Taxation and Investment regime for Pradhan Mantri Garib Kalyan Yojana (PMGKY) commenced on Dec 17 &open for declarations till 31st March ’17.

The Central Government has decided that up to 30.12.2016,  the payment towards tax, surcharge, penalty, and deposit under the Pradhan Mantri Garib KalyanYojana (PMGKY), can be made in Old Bank Notes of Rs. 500 and Rs.1,000 denomination issued by the RBI.

The Taxation and Investment Regime for Pradhan Mantri Garib KalyanYojana (PMGKY), 2016 has commenced on 17th December 2016 and is open for declarations up to 31st March 2017. The payment of tax, surcharge, and penalty under the Scheme is to be made through challan ITNS- 287 and the deposits are to be made in the Pradhan Mantri Garib Kalyan Deposit Scheme,2016.

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