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Amendment in Pradhan Mantri Garib Kalyan Deposit Scheme 2016

  On 23 January 2017 at 10:46

The Government of India, in consultation with the Reserve Bank of India, had notified Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 vide Notification No. S.O.4061(E) dated December 16, 2016. The deposit under this Scheme shall be made by ...

  0 comments |   81 hits


PAN/TAN will be compulsory for all fresh incorporation applications in SPICe

  On 20 January 2017 at 11:03

As part of the Ministry’s efforts towards providing greater Ease of Doing Business to stakeholders, Form SPICe (INC-32) will be revised w.e.f 21 January 2017 so as to include the functionality of applying for Company PAN and first TAN (allotted ...


Clarifications on the Taxation and Investment Regime for PMGKY 2016

  On 19 January 2017 at 10:53

F.No.142/33/2016-TPL(Part)Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes(TPL Division)***Dated: 18th of January, 2017Clarifications on the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana ...


New design of PAN card with QR code from 1st January

  On 12 January 2017 at 15:16

NSDL e-Governance Infrastructure LimitedPAN ServicesCircularCircular No.: NSDL/TIN/12017/001January 10, 2017 Subject: New design of PAN card All TEN-FCs & PAN Centres are hereby informed that the Income Tax Department (ETD) has prescribed certain cha ...

10  comments |   14553 hits


Direct tax collection upto December shows 12.01% growth

  On 11 January 2017 at 11:14

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesDirect Tax Collections up to December, 2016 show Growth of 12.01% The figures for Direct Tax collections up to December, 2016 show that revenue net of refunds is ...

  0 comments |   234 hits


IT dept awarded for efiling of IT returns project

  On 11 January 2017 at 11:14

Income Tax Department receives Silver Award for e-filing of Income Tax Returns project in the National Awards on e-Governance 2016-17. The Income Tax Department is proud to announce that it has been conferred the Silver Award in the National Awards o ...


Tax collection figures for the period April to December 2016 show a positive trend

  On 09 January 2017 at 18:05

Tax collection figures for the period April -December 2016 show a positive trend as Direct Taxes grow by 12.01% and Indirect Taxes grow by 25% over the corresponding period last year i.e. April-December 2015Direct Tax and Indirect tax collection figu ...


Bank to obtain PAN or Form 60 for all Bank accounts

  On 09 January 2017 at 10:38

Income-tax Rules amended to provide that bank shall obtain and link PAN or Form No. 60 (where PAN is not available) in all existing bank accounts (other than BSBDA) by 28.02.2017. Income-tax Rules have been amended to provide that bank shall obtain a ...

  0 comments |   5412 hits


Year end review of 2016 by CBDT

  On 09 January 2017 at 10:38

Major Achievements of CBDT in Current Financial Year 2016-17 so far include among others Enactment of The Benami Transactions (Prohibition) Amendment Act, 2016, Implementation of The Direct Tax Dispute Resolution Scheme, 2016 and of GAAR from Assessm ...


Next Level of TDS Compliance in Year 2017

  On 02 January 2017 at 10:42

Dear Deductor,Centralized Processing Cell (TDS) wishes you Seasons' Greetings and a Very Happy New Year 2017!The past year witnessed a fantastic journey for CPC (TDS) in many ways, with your valued partnership as our key stakeholders. While we ob ...

  0 comments |   1553 hits








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