TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 16th December, 2016 NOTIFICATION S.O. 4058(E).— In exercise of the powers conferred by sub-section (2) of section 199A and sub-section (1) of section 199C of the Finance Act,… Read More »
Taxation Laws (Second Amendment) Act 2016 The following Act of Parliament received the assent of the President on the 15th December, 2016, and is hereby published for general information:— This Act may be called the Taxation Laws (Second Amendment) Act, 2016. [‘CHAPTER IXA covers TAXATION AND INVESTMENT REGIME FOR PRADHAN MANTRI GARIB KALYAN YOJANA, 2016 ]
Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana 2016 Key Points about Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana 2016 Disclosure of black money held in banks or cash Background of Pradhan Mantri Garib Kalyan Yojana 2016 :In the wake of declaring specified bank notes of Rs 500/ Rs 1000 “as… Read More »
Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 The Taxation Laws (Second Amendment) Bill, 2016 introduced in Lok Sabha on 28.11.2016 by Govt of India ; A scheme namely, ‘Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016’ (PMGKY) has bee proposed in the Bill ‘CHAPTER IXA’ . Scheme is as… Read More »