Cashless Economy: Chhattisgarh, Gujarat Govts removes VAT on Card Swipe Machines
In a significant step to promote cashless transactions in Chhattisgarh and Gujarat, the state governments has decided to exempt purchase of card...
Govt introduces The Taxation Laws (Second Amendment) Bill in Parliament: Tax, Penalty & Surcharge on Black Money
The Taxation Laws (Second Amendment) Bill, 2016 has been introduced by the Finance Minister Arun Jaitley before the Parliament on Monday. The Bill proposes 30 per cent tax on undisclosed income plus...
Demonetisation: Govt. reduces limit of Exchange of Old Rs. 500 & 1000 notes in banks from Rs. 4500 to 2000 w.e.f Tomorrow
In the aftermath of the cancellation of the legal tender character of the old Rs. 500 and Rs. 1000 notes, the Government of India has been receiving several suggestions including those from the State...
Demonetisation will yield Several Benefits to the Economy in the Medium and Long Term, says FICCI President
“FICCI would urge the Government and RBI to consider bringing down the interest rates that could help stabilise the demand in the economy. A 50 basis points cut in repo rate should be considered by...
