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Archive: 30 August 2013

Posts in 30 August 2013

RBI allows Premature Encashment of 8% Savings (Taxable) Bonds, 2003

August 30, 2013 883 Views 0 comment Print

The Government of India has now vide Notifications dated July 29, 2013 and August 16, 2013 (copies enclosed), decided to provide the facility of premature encashment of these bonds to individual investors in the age group of sixty years and above, after a minimum lock-in period of three years from the date of issue as indicated below:-

DCI Search and Seizure Operations Reveal Undisclosed Income of Rs. 438 Crore

August 30, 2013 676 Views 0 comment Print

DCI Search and Seizure Operations Reveal Undisclosed Income of Rs. 438 CroreThe Directorate of Criminal Investigation (DCI) was created vide Notification dated 30th May, 2011 and 19th August 2011 to perform functions in respect of criminal matters having any financial implications punishable as an offence under any direct tax law including inter-alia:

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