Action on Black Money stashed abroad.The Government has taken several steps to effectively tackle issue of black money, particularly money in abroad Ministry of Finance 18-November, 2016 Action on Black Money There is no official estimation of the amount of black money within the country and stashed …
Useful Lives for depreciation on intangible assets-Amendment to Schedule-II. Companies not required to follow IndAS to follow 2006 Rules. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, 17 November, 2016 G.S.R.(E) ….In exercise of the powers conferred by sub-section (1) of section 467 of the Companies …
Myths and facts on the demonetisation Finance Ministry issued series of tweets to clarify on various myths on the demonetisation issue.
No proposal to seal bank lockers and confiscate gold/diamond jwellery-Finance Ministry tweet to clarify on various myths on the demonetisation issue Finance Ministry issued series of tweets to clarify on various myths on the demonetisation issue. Ministry said no bank lockers will be sealed. It said enforcement agencies …
IDS-2016 declarations without PAN-CBDT has asked officials to contact declarants to obtain PAN and issue Form-2 latest by 25-11-2016 The relevant text of the DO is as under: Dear Pr. Commissioners of Income-tax, It has come to my notice that some declarations under IDS, 2016 received manually without PAN are …
Exchange of old bank notes upto Rs 2000 only once. RBI has clarified in its updated FAQ that over the counter exchange can be done only once The question and answer No. 14 deals with this issue as under: 14. Can I exchange ₹ 2000 more than once? …
