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Focus of the Budget is on Tax Compliance: Govt is committed to Honour the Honest Taxpayers, says CBDT Chairman

Taxscan Team

“The budget this year focuses on the clarity and certainty of the tax laws, while at the same time endeavoring to make the country more tax compliant...

Holding of Banned Notes is an Offence: LokSabha passes The Specified Bank Notes (Cessation of...

Demonetisation will lead to Bigger, Cleaner and Real GDP, says Jaitley

Demonetisation: More Long-term Gain than Short-term pain, GST will reduce Tax rates and Stamp...

Finance Minister Arun Jaitley Presents Economic Survey 2016-17 in Parliament

Demonetisation has negative impact on SMEs; Large Firms can benefit in Long run: ASSOCHAM Bizcon Survey

Demonetisation of high value currency notes would leave quite a negative impact on small and medium enterprises, rural consumption and job creation in the immediate run while the large and well...

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...

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. ...

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...

Time Limit for Depositing Old Notes of Rs 500, Rs 1,000 Ends Today [Read Notification]

The Time limit to deposit old Rs 500 and Rs 1,000 notes in banks ends on today i.e. December 30th 2016. From next week onward, those still holding the scrapped currency can deposit it only with the...

Central Indirect Taxes, Excise Duty up by 43.5%, Service Tax up by 25.7 % & Customs Duties up by 5.6% till 30 Nov,2016, Says FM Arun Jaitley

In a press conference held today, the Union Finance Minister Arun Jaitley made statement on ‘Remonetisation and its impact’ to media today. “On the November 8, the Prime Minister had asked for the...

Finance Ministry releases FAQs and replies on withdrawal of Legal Tender Character of the Old Bank Notes in the denominations of Rs 500/- and Rs 1,000

Following are the Frequently Asked Questions (FQAs) related to the withdrawal of Legal Tender Character of the old Bank Notes in the denominations of Rs 500/- and Rs 1000/- and replies there to: ...

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