Tag: Press Release

India Singapore Sign 3rd Protocol amending DTAA for source based taxation of share capital gains and transfer pricing cases-CBDT

India Singapore Sign 3rd Protocol amending DTAA for source based taxation of share capital gains and transfer pricing cases-CBDT

December 31, 2016 Income Tax
India Singapore Sign 3rd Protocol amending DTAA for  source based taxation of share capital gains and to facilitate relieving of economic double taxation in transfer pricing cases-CBDT Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 30th December, 2016. Press Release …
Specified Bank Notes Cessation of Liabilities Ordinance 2016 passed. Penalty of higher of Rs. 10000 or five times for dealing in old notes (SBNs)

Specified Bank Notes Cessation of Liabilities Ordinance 2016 passed. Penalty of higher of Rs. 10000 or five times for dealing in old notes (SBNs)

December 30, 2016 Finance Ministry
Specified Bank Notes Cessation of Liabilities Ordinance 2016 passed. Penalty of higher of Rs. 10000 or five times for dealing in old notes (SBNs)  Ministry of Finance Dated: 31/12/2016 Press Release The President of India approves the Promulgation of the Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016 …
Demonetisation-Revenue collection belies adverse impact predicted by critics. Assessment can be unreal but revenue is real-Finance Ministry

Demonetisation-Revenue collection belies adverse impact predicted by critics. Assessment can be unreal but revenue is real-Finance Ministry

December 29, 2016 Finance Ministry
Demonetisation-Revenue collection belies adverse impact predicted by critics. Assessment can be unreal but revenue is real-Finance Ministry Ministry of Finance Dated: 29/12/2016 Press Release Statement made by the Union Finance Minister Shri Arun Jaitley on Remonetisation and its impact. Following is the transcription of the Statement made by …
Public Comments-suggestions invited on Digital Payments Report of the Watal Committee to promote the digital payment system in the Country

Public Comments-suggestions invited on Digital Payments Report of the Watal Committee to promote the digital payment system in the Country

December 28, 2016 Finance Ministry
Public Comments-suggestions invited on Digital Payments Report of the Watal Committee to promote the digital payment system in the Country-Press Release Ministry of Finance 28/12/2016 Press Release Comments/suggestions invited from the members of public on the Report of the Committee on Digital Payments within 15 days of hosting …
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-Finmin

December 26, 2016 Finance Ministry, Income Tax
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 …
Potential non income tax return Filers for FY 2014-15 identified on the basis of AIR, CIB and TDS/TCS databases using Non-filers Monitoring System

Potential non income tax return Filers for FY 2014-15 identified on the basis of AIR, CIB and TDS/TCS databases using Non-filers Monitoring System

December 22, 2016 Income Tax
Potential non income tax return Filers for FY 2014-15 identified on the basis of AIR, CIB and TDS/TCS databases using Non-filers Monitoring System NMS Ministry of Finance Dated: 22/12/2016 Press Release Income Tax Department Identifies 67.54 lakh Potential Non-Filers for F.Y. 2014-15 The Non-filers Monitoring System (NMS) was …