Press Release Archive

Tax Exemption to Startups in recent past.

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Tax Exemption to Startups in recent past. Introduction of new section 54EE 54GB 80-IAC. Angel investors funding exemption etc. Tax Exemption to Startups Various tax exemptions have been given to Startups in the recent past – Following direct tax incentives were provided in Income-tax Act,1961 (‘the Act’) to promote

Revised timelines for completion of due diligence under Rule 114H(8) under alternative procedure of FATCA self-certifications to be provided till 30-04-2017

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Revised timelines for completion of due diligence under Rule 114H(8) under alternative procedure of FATCA self-certifications to be provided till 30-04-2017 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 11th April, 2017. Timelines for Closure of financial accounts under

Digitally signed E-PAN card. CBDT issues PAN and TAN within 1 day to companies.

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Digitally signed E-PAN card can be submitted as proof of identity to other agencies electronically. CBDT issues PAN and TAN within 1 day to companies.  Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 11th April, 2017. CBDT issues PAN

Government makes compliance of Labour Laws and Rules easy by doing away with overlapping fields and reduce the number of forms.

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Government makes compliance of Labour Laws and Rules easy by doing away with overlapping fields and reduce the number of forms.  Ministry of Labour & Employment 10-April, 2017 Government makes compliance of Labour Laws and Rules easy Government reduces number of forms and Reports from 36 to 12 to

Significant achievements in Eliminating Domestic Black Money. Phenomenal success in fighting the menace of black money during last 3 years- CBDT

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Significant achievements in Eliminating Domestic Black Money. Phenomenal success in fighting the menace of black money during the last 3 years- CBDT Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 7th April, 2017 PRESS RELEASE Significant Achievements Towards Eliminating Domestic Black

Cash transaction limit 269ST not apply to withdrawal from bank-CBDT Press Release

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Cash transaction limit 269ST not apply to withdrawal from bank, cooperative bank or a post office savings bank-Press Release Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 5th April, 2017 PRESS RELEASE Budget 2017 takes Steps to discourage Cash transactions &

Requirement to quote Aadhaar as per section 139AA of the Income-tax Act shall not apply to an individual who is not a resident

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Requirement to quote Aadhaar as per section 139AA of the Income-tax Act shall not apply to an individual who is not a resident as per the Aadhaar Act, 2016. Ministry of Finance Mandatory Quoting of Aadhaar for PAN Applications & Filing Return of Income Section 139AA of the Income-tax
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