Tag: Press Release
Recovery of undisclosed income post demonitization Press Information Bureau Government of India Ministry of Finance 01-August-2017 17:47 IST Recovery of undisclosed income post demonitization With a view to curbing financing of terrorism through the proceeds of Fake Indian Currency Notes (FICN) and use of such funds for subversive …
Increase in number of Income Tax payers after demonetisation Press Information Bureau Government of India Ministry of Finance 01-August-2017 17:45 IST Increase in number of Income Tax payers after demonetisation The number of income tax payers has increased after demonetization. During the period of 09.11.2016 to 31.03.2017, 1.96 …
Duplicate and Fake PANs identified and deleted or de-activated by the Government. 11,44,211 PANs identified as duplicate and 1,566 PANs identified as Fake Press Information Bureau Government of India Ministry of Finance 01-August-2017 17:46 IST Mandating Aadhaar linkage to PAN cards Permanent Account Number (PAN) is the key …
Exemption under GST for small businesses. No GST Registration required for turnover up to Rs. 20 lakh, Composition scheme provided for benefit of small business Press Information Bureau Government of India Ministry of Finance 01-August-2017 17:44 IST Reduction/exemption of tax rates under GST for small businesses The Government …
Allowable investments by NRIs as FDI and on stock exchange as per Foreign Exchange Management Regulations. Statistics for last three years Press Information Bureau Government of India Ministry of Finance 28-July-2017 15:42 IST Investments by NRIs as FDI and in stock changes Non-Resident Indians (NRIs) can invest in …
RTI can create hindrance in free advice by civil servants who may not feel free apprehending that later it may become public – Finance Minister Press Information Bureau Government of India Ministry of Finance 28-July-2017 20:27 IST The Union Minister of Finance, Defence and Corporate Affairs, Shri Arun …
GST on bottled water. For sale of bottled water on same rate post GST, sticker of revised lower MRP may be affixed which shall not cover MRP declaration by manufacturer Press Information Bureau Government of India Ministry of Consumer Affairs, Food & Public Distribution 28-July-2017 17:14 IST Sale …
RBI sets up Supervisory Colleges for six Scheduled Commercial Banks which have sizeable international presence Press Information Bureau Government of India Ministry of Finance 28-July-2017 15:39 IST RBI sets up Supervisory Colleges for six Scheduled Commercial Banks which have sizeable international presence Reserve Bank of India (RBI) has …
Details of Taxes subsumed under GST Press Information Bureau Government of India Ministry of Finance 28-July-2017 15:39 IST Features of GST Goods and Services Tax (GST) is intended to bring transparency and accountability in business transactions along with the ease of doing business and rationalization in tax rates …
Task Force on Shell Companies for effectively tackling malpractices. Brief highlights of actions taken against shell companies in recent past Press Information Bureau Government of India Ministry of Finance 28-July-2017 15:40 IST ‘Task Force on Shell Companies’ for effectively tackling the malpractices A ‘Task Force on Shell Companies’ …
