Category: Finance Ministry

Nobody should think that tax evasion acceptable. There is need for mindset of voluntary compliance and payment of legitimate taxes-Finmin

Nobody should think that tax evasion acceptable. There is need for mindset of voluntary compliance and payment of legitimate taxes-Finance Minister   Finance Ministry Dated: 26-12-2016 Press Release Finance Minister: There is a need for move towards a mindset of voluntary compliance and payment of legitimate taxes should …

Travelling Allowance TA claim by family of deceased employees beyond one year period of the death of the employee

Travelling Allowance TA claim by family of deceased employees beyond one year period of the death of the employee-Applicability of provision below SR-147 No. 19016/1/2015-E.IV Government of India Ministry of Finance Department  of Expenditure *** North Block, New Delhi Dated the 21st December, 2016 Office Memorandum Sub:- Applicability …

Banks to conduct due diligence for old bank notes deposit exceeding Rs.5000 between 19th and 30th December, 2016 for not depositing earlier

Banks to conduct due diligence for old bank notes deposit exceeding Rs.5000 between 19th and 30th December, 2016 for not depositing earlier Ministry of Finance Dated: 19-12-2016 Press release Amounts exceeding Rs.5000 in old notes can be deposited only once between now and 30th December, 2016 The deposits …

Political parties not immune to investigation post demonetisation if discrepancy is noticed they shall be questioned by Income Tax as is anyone else-MoF

Political parties not immune to investigation post demonetisation if discrepancy is noticed they shall be questioned by Income Tax as is anyone else-MoF Ministry of Finance 17-December, 2016 Press Release Statement by Finance Minister Shri Arun Jaitley Following is the statement by Union Minister for Finance and Corporate …

Demonetisation actually a step in cashless economy direction. Is Finance Minister’s statement a major shift in PM Modi’s stated demonetisation objectives

Demonetisation actually a step in cashless economy direction. Is Finance Minister’s statement a major shift in PM Modi’s stated demonetisation objectives in view of Government’s failure to manage post demonetisation affairs? Ministry of Finance Press Release 13 December, 2016 Transcription of the Finance Minister’s Statement made to media …