Tag: Press Release
Cash transaction limit 269ST not apply to withdrawal from bank, cooperative bank or a post office savings bank-Press Release Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 5th April, 2017 PRESS RELEASE Budget 2017 takes Steps to discourage Cash transactions & curb Black …
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 …
Revenue Department exceeds Revised Tax Collections target for 2016-17 Ministry of Finance Revenue Department exceeds Revised Tax Collections target for 2016-17 around 18% taken together in case of Direct and Indirect Taxes; Provisional figure of Total Tax Collections in 2016-17 is Rs. 17.10 Lakh Crore as against the …
Draft Notification us 10-38 for non applicability of STT condition for claiming exemption from LTCG sale of equity share Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 3rd April, 2017. CBDT Requests for Stakeholder’s comments on Draft Notification …
Corporate Voluntary Liquidation Process Regulations notified by Insolvency and Bankruptcy Board of India. Regulations effective from 1st April, 2017 Insolvency and Bankruptcy Board of India notifies Corporate Voluntary Liquidation Process Regulations The regulations shall come into effect from 1st April, 2017 The Insolvency and Bankruptcy Board of India …
CBDT APA Program crosses 150 Milestone. Total number of Advance Pricing Agreements (APAs) entered into by the CBDT has reached 152. Ministry of Finance Central Board of Direct Taxes (CBDT’s) APA Program crosses the 150 Milestone The Central Board of Direct Taxes (CBDT) has entered into 9 Advance …
CBDT notifies new Income Tax Return Forms for AY 2017-18 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 31st March, 2017. PRESS RELEASE CBDT notifies new Income Tax Return Forms for AY 2017-18 The Central Board of Direct Taxes has …
Applicability of threshold exemption limits to combinations. methodology to be adopted for calculating the relevant assets and turnover – MCA Ministry of Corporate Affairs issues fresh notifications wherein, the Central Government intends to provide clarity on the applicability of the threshold exemption limits to all forms of combinations; …
Income tax searches conducted on 2534 groups of persons in FY 2013-14, 2014-15, 2015-16 and FY 2016-17 (up to January, 2017) ITD conducted searches in about 2534 groups of persons led to admission of undisclosed income of about Rs. 45,622 crore apart from seizure of undisclosed assets (cash, …
Unclaimed Deposits in Banks and Insurance Companies The details of the unclaimed deposits reported by various banks under Section 26 of Banking Regulation Act (BR Act), 1949 are as follows: As of Unclaimed Deposits (Rs. in crores) 31.12.2013 5124.98 31.12.2014 4998.27 31.12.2015 6835.40 The details of unclaimed amount …
