Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016
Date : Dec 16, 2016
Government of India, in consultation with the Reserve Bank of India, has notified Pradhan Mantri Garib Kalyan Deposit Scheme, 2016. The deposit under this Scheme shall be made by any person who declared undisclosed income under Pradhan Mantri Garib Kalyan Yojana, 2016. The deposit sum, which shall not be less than twenty-five per cent of the declared undisclosed income, can be deposited at the authorized banks (as notified by Government of India) from December 17, 2016 (Saturday) to March 31, 2017 (Friday). The deposits shall be held at the credit of the declarant in Bonds Ledger Account (BLA) maintained with Reserve Bank of India and would be repaid on expiry of four years. The details about the scheme can be accessed at https://rbi.org.in.
Ajit Prasad
Assistant Adviser
Press Release: 2016-2017/1555
Particulars | Notification No | Date |
New Taxation Bill to Tax undisclosed Income received assent of President , | Taxation Laws (Second Amendment) Act, 2016.
| 15.12.2016 |
Pradhan Mantri Garib Kalyan Deposit Scheme 2016 | S.O. 4061(E). | 16.12.2016 |
Jurisdiction for declation filed under PMGKY | S.O.4060(E). | 16.12.2016 |
| S.O.4059(E) | 16.12.2016 |
PMGKY Start Date 17.12.2016 and End Date 31.03.2017
| S.O. 4058(E) | 16.12.2016 |
RBI FAQ’s on PMGKDS- Pradhan Mantri Garib Kalyan Deposit Scheme 2016 | 16.12.2016 | |
PMGKDS 2016 – Operational Guidelines by RBI | 16.12.2016 |
Download Application form for Pradhan Mantri Garib Kalyan Deposit Scheme 2016
Download Form III Nomination- Pradhan Mantri Garib Kalyan Deposit Scheme 2016
New Tax Rates on undisclosed income in India -Taxation Bill 2016
Key Points -Pradhan Mantri Garib Kalyan Yojana 2016 -Tax on Black money
Lok Sabha Passed Bill to Tax Black Money / Undisclosed Income 29.11.2016
The Taxation Laws (Second Amendment) Bill, 2016 28.11.2016
Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana 2016
New Taxation Bill to tax undisclosed income introduced in Lok Sabha by India -PMGKY -Govt Press Release 28.11.2016