Demonetisation resulted in Widening of Tax Base & Direct Tax Collections: Finance Ministry
The Government of India launched a concerted drive against black money with Demonetisation being an important step in that direction. Among the main...
Demonetisation: Govt directs RBI to Accept Deposit of Scrapped Notes from Banks including Co-Operative Banks and Post-Offices [Read Notification]
The Central Government has issued a Notification enabling the Banks, post-offices and co-operative banks to deposit the scrapped notes received by them post-demonetisation, with the Reserve Bank of...
![Demonetisation: Govt directs RBI to Accept Deposit of Scrapped Notes from Banks including Co-Operative Banks and Post-Offices [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/05/confiscated-notes.jpg "Demonetisation: Govt directs RBI to Accept Deposit of Scrapped Notes from Banks including Co-Operative Banks and Post-Offices [Read Notification]")
ICAI Board of Discipline takes action against CA’s involved in Money Laundering during Demonetisation period
The Institute of Chartered Accountants of India (ICAI) was seized of five cases against Chartered Accountants ( CA ) who have been found advising/guiding in a manner encouraging money laundering...
Specified Notes Confiscated on or before 30.12.2016 can be deposited in any of the RBI branches: Govt notifies Rules
The Department of Economic Affairs recently notified rules regarding deposit of Rs. 1000 and Rs. 500 Currency Notes confiscated on or before 30.12.2016. As per the new Rules, Where specified bank...
Finance Ministry extends due date for Deposit under PMGKY Scheme till April 30, 2017 [Read Notification]
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...
![Finance Ministry extends due date for Deposit under PMGKY Scheme till April 30, 2017 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/04/PMGKY-Scheme-Taxscan.jpg "Finance Ministry extends due date for Deposit under PMGKY Scheme till April 30, 2017 [Read Notification]")
Demonetisation: Calcutta HC directs Govt to Refund of Seized Money in New Currency Notes [Read Order]
The Calcutta High Court had directed the Income Tax Department that refund, if any, of money seized in a raid before demonetization should be made in new currency. Justice Joymalya Bagchi, who penned...
![Demonetisation: Calcutta HC directs Govt to Refund of Seized Money in New Currency Notes [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Cash-Transaction-Limit.jpg "Demonetisation: Calcutta HC directs Govt to Refund of Seized Money in New Currency Notes [Read Order]")