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More than 5.27 lakh Taxpayers submitted their response till 12th Feb, 2017: Operation Clean Money by CBDT gets overwhelming response

More than 5.27 lakh Taxpayers submitted their response till 12th Feb, 2017: Operation Clean Money by...

Taxscan Team
No Official Estimation of percentage of Black Money in Cash held in India, says MoS Santosh Kumar Gangwar

No Official Estimation of percentage of Black Money in Cash held in India, says MoS Santosh Kumar...

Taxscan Team
Arun Jaitley - CBDT

Budget 2017 gives a Major push to Digital Economy, No Cash Transaction above Rs 3 lakh

Taxscan Team
Income in the form of Assets cannot be declared under PMGKY Scheme: No Credit for Advance Tax or TDS, says CBDT

Income in the form of Assets cannot be declared under PMGKY Scheme: No Credit for Advance Tax or...

Taxscan Team

Black Money would be Taxable at Higher Rates; Jaitley on Demonetisation, IDS & Cashless Economy

Following is the full Text of the Article entitled “Demonetisation – A Look Back at the last Two Months” by the Union Finance Minister Arun Jaitley: “Two months have passed since the Prime...

Black Money would be Taxable at Higher Rates; Jaitley on Demonetisation, IDS & Cashless Economy
Taxscan Team

FM Arun Jaitley holds Pre-Budget Consultations with the Finance Ministers of all States / UTs

Central Government in recent past to Unearth Black Money will help in curbing corruption and making the Indian economy more cleaner, transparent and efficient, says Finance Minister Arun Jaitley. ...

FM Arun Jaitley holds Pre-Budget Consultations with the Finance Ministers of all States / UTs
Taxscan Team

SC dismisses Petition Challenging Levy of Tax, Surcharge, Penalty & Deposit under Pradhan Mantri Garib Kalyan Yojana [Read Order]

The two-judge bench of the Supreme Court of India, recently upheld the validity of the provisions of the Taxation Laws (Second Amendment) Bill, 2016 provides for imposition of tax, surcharge, penalty...

SC dismisses Petition Challenging Levy of Tax, Surcharge, Penalty & Deposit under Pradhan Mantri Garib Kalyan Yojana [Read Order]
Taxscan Team

All you need to know about the Pradhan Mantri Garib Kalyan Yojana, 2016

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...

All you need to know about the Pradhan Mantri Garib Kalyan Yojana, 2016
Taxscan Team

President Promulgates Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016 [Read Ordinance]

The President of India has approved the promulgation of the Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016 today i.e. on 30th December, 2016. The Ordinance is a follow-up to the...

President Promulgates Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016 [Read Ordinance]
Taxscan Team

India & Singapore Signs Third Protocol for Amending DTAA

India and Singapore have amended the DTAA for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income, by signing a Third Protocol today. This is in line with...

Double Taxation - Avoidance - Taxscan
Taxscan Team

Taxation Laws (Second Amendment) Act, 2016 came into force

The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 introduced under the said Act to commence from tomorrow i.e. 17th December, 2016 and to remain open for declarations...

Taxation Laws (Second Amendment) Act, 2016 came into force
Taxscan Team

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