Most young Indians are ill-educated or usually, do not have any idea about financial planning, retirement and preparing for a life after work. Even if several 20-somethings dont openly think or say that it’s too early to contemplate about retirement, most act as though retirement is something to worry about later in life.
Our motive to build wealth should not Just be focused on saving money but it should be focused on a dream of a peaceful and wealthy retirement period.
Action under the Income-tax Act, 1961 has been taken on the 12 trusts/entities, involving 26 individuals of Indian origin/nationality, based upon the information received from the German Tax Authorities under the Double Taxation Avoidance Agreement (DTAA) between India and Germany.
While there is no official estimation regarding black money of Indians stacked in Swiss banks, recent media reports have quoted Zurich based Swiss National Bank as saying that money held by Indians in Swiss banks has fallen by nearly one-third. These reports also say that the funds, described by Swiss National Bank as ‘liabilities’ of Swiss banks or ‘amounts due to’ their clients, are the official figures disclosed by the Swiss authorities and do not indicate to the quantum of alleged black money held by Indians in Switzerland.
Application for temporary leave (parole) has to be decided by District Magistrate keeping in view that the object of parole is to rehabilitate the convicted prisoner.
In exercise of powers conferred by sub-section (1) of section 6 of Equal Remuneration Act, 1976 (25 of 1976) read with rules 3 and 4 of Central Advisory Committee on Equal Remuneration Rules, 1991
Consequent upon the approval of Chairperson CBDT, Ministerial Staff Training Unit (MSTU) shall be shifted from KOLHAPUR (Maharashtra) to PUNE (Maharashtra)
It has come to my notice that some declarations under IDS, 2016 received manually without PAN are still pending for issuance of Form -2 due to non-availability of PAN .
The Central Government has decided to constitute teams of Additional Secretaries/Joint Secretaries/Directors – with each team consisting of up to 2 to 3 officers for each State/UT, to visit the States/UTs and report back to the Government,status of implementation of the Government’s decision relating to cancellation of the legal tender character of high denomination bank notes of Rs. 500 and Rs. 1000 denominations w.e.f. from the expiry of 08th November, 2016. These teams would visit the States allocated to them for a period of at least 2 days and tour across the State during their visit.
Government organizes a Seminar to familiarize the Senior Officers of different Departments of Government of India with important features of the GST.
