Income Tax Archives - Page 4 of 11

CBDT Explanatory Notes on ‘Pradhan Mantri Garib Kalyan Yojana 2016’

December 27, 2016 TaxIndiaUpdates In0 comments3459 views

Explanatory Notes on Provisions of the Taxation And Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 as Contained In Chapter IX-A of the Finance Act, 2016: CBDT CIRCULAR NO. 43/2016 dated December 27, 2016 Introduction 1. The Taxation Laws (Second Amendment) Act, 2016 has been enacted … Continue Reading →

Income Tax

FAQ on Pradhan Mantri Garib Kalyan Deposit Scheme 2016

December 20, 2016December 20, 2016 TaxIndiaUpdates In0 comments4728 views

FAQ on Pradhan Mantri Garib Kalyan Deposit Scheme 2016 1. What is Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016? Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 is a scheme notified by the Government of India on December 16, 2016 which is applicable to … Continue Reading →

Income Tax

Pradhan Mantri Garib Kalyan Yojana 2016 received Assent of the President of India

December 16, 2016December 16, 2016 TaxIndiaUpdates In0 comments3794 views

The Pradhan Mantri Garib Kalyan Yojana 2016 (the Taxation Laws (Second Amendment) Act, 2016) Received the assent of the President on the 15th December, 2016, and is hereby published for general information:- The salient features of the Scheme are as under: Declaration under the Scheme … Continue Reading →

Income Tax

Pradhan Mantri Garib Kalyan Yojana Rules 2016

December 16, 2016 TaxIndiaUpdates In0 comments4432 views

Pradhan Mantri Garib Kalyan Yojana Rules 2016; These rules may be called the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana Rules 2016; They shall come into force on the date of their publication in the Official Gazette i.e. 16-12-2016. TO BE PUBLISHED IN … Continue Reading →

Income Tax

Pradhan Mantri Garib Kalyan Deposit Scheme 2016

December 16, 2016December 16, 2016 TaxIndiaUpdates In0 comments5366 views

Pradhan Mantri Garib Kalyan Deposit Scheme 2016; It shall come into force from the 17th day of December, 2016 and shall be valid till 31st day of March, 2017; This Scheme shall be applicable to every declarant under the Taxation and Investment Regime for Pradhan Mantri … Continue Reading →

Income Tax

Pradhan Mantri Garib Kalyan Yojna: Last Chance for Black Money Holders

December 3, 2016 TaxIndiaUpdates In0 comments4277 views

Pradhan Mantri Garib Kalyan Yojna: Last Chance for Black Money Holders TAXATION LAWS (SECOND AMENDMENT) BILL 2016 – Introduced in Lok Sabha on 28.11.2016, Passed in Lok Sabha on 29.11.2016 OBJECT OF BILL The existing provisions of IT Act, 1961 can possibly be used for … Continue Reading →

Income Tax

Relief for Black Money Holder to Make their Cash White at Flat 50% Tax

November 29, 2016 TaxIndiaUpdates In0 comments2886 views

Relief for Black Money Holder to Make their Cash White at Flat 50% Tax Evasion of taxes deprives the nation of critical resources which could enable the Government to undertake anti-poverty and development programmes. It also puts a disproportionate burden on the honest taxpayers who … Continue Reading →

Income Tax

Direct Tax Law and Practice

July 22, 2016April 16, 2017 TaxIndiaUpdates In0 comments10507 views

Direct Tax Law and Practice All About Income Tax Act (A Desktop Application) As Amended by Finance Act 2017 All About Income-tax Act’ is a tool to perform 360 degree research on any section of the Act. It combines and classifies all related documents of a … Continue Reading →

Income Tax

Clarification and FAQ on Income Declaration Scheme 2016

June 27, 2016June 28, 2016 TaxIndiaUpdates In0 comments8268 views

Clarification and FAQ on Income Declaration Scheme 2016 The Income Declaration Scheme, 2016 incorporated as Chapter IX of the Finance Act, 2016 is to come into force with effect from the 1st of June, 2016. The first part of the Tax Payer Education Series of Frequently … Continue Reading →

Income Tax

No Tax Collection at Source if Cash Receipt per Transaction Not Exceed Rs. 2 Lacs

June 25, 2016June 25, 2016 TaxIndiaUpdates In0 comments4441 views

No Tax Collection at Source if Cash Receipt per Transaction Not Exceed Rs. 2 Lacs Circular No. 23/2016 dated the 24 June, 2016 Subject: Amendment in Section 206C of the Income-tax Act vide Finance Act 2016 – Clarifications regarding. In order to curb the … Continue Reading →