Demonetization - Page 20

Measures by RBI absorb excess liquidity in banks post demonetisation

Post demonetisation RBI introduced incremental CRR of 100% on deposits collected between September 16 and November 11 2016 to absorb excess liquidity in banks...

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Posted Under: Fema / RBI |

Demonitization- Benefits, Higher withdrawal limits & steps by RBI to ease problems

After Demonetization, certain depositors are hesitating to deposit their monies into bank accounts in view of the current limits on cash withdrawals from accounts....

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Posted Under: Fema / RBI |

GIST of Taxation Laws (Second Amendment) Act, 2016

As per Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016, Taxes will have to be paid first and then scheme can be availed on production of tax receipt, unlike recent Income Disclosure Scheme...

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Posted Under: Fema / RBI | ,

21 FAQs on Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016

Articles answers 21 FAQs on Pradhan Mantri Garib Kalyan Deposit Scheme 2016 for declarant under Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016...

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Posted Under: Fema / RBI |

Post demonetisation 291 Income Tax Raid, 295 Survey & 3000 Notices

While Searches have been carried out in 291 cases across country, 295 cases have been covered by survey action. In addition to these, open enquiries have been effected in more than 3000 cases. ...

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Posted Under: Fema / RBI |

Jurisdiction of income-tax authorities under Pradhan Mantri Garib Kalyan Deposit Scheme, 2016

Notification No. 117/2016-Income Tax (16/12/2016)

Central Government hereby- (i) notifies the Principal Commissioner or the Commissioner, as the case may be, who exercises the jurisdiction under section 120 of the Income-tax Act, 1961 (43 of 1961)...

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Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana Rules, 2016

Notification No. 116/2016-Income Tax (16/12/2016)

(1) These rules may be called the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana Rules, 2016. They come into force from date of their publication in the Official Gazette....

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Pradhan Mantri Garib Kalyan Yojana, 2016 applicable from 17.12.2016

Notification No. 115/2016-Income Tax (16/12/2016)

CBDT notifies 17th day December, 2016, as date on which Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 comes into force....

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Pradhan Mantri Garib Kalyan Deposit Scheme, 2016

S.0.4061 (E) (16/12/2016)

This Scheme may be called Pradhan Mantri Garib Kalyan Deposit Scheme, 2016 and come into force from 17th December 2016 and shall be valid till 31st March 2017....

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Salient features of Taxation Laws (Second Amendment) Act 2016

The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 introduced under the said Act to commence from tomorrow i.e.17th December, 2016 and to remain open for declarations up to 31st March, 2017. ...

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Posted Under: Fema / RBI |
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