Government to issue Fifth Tranche of Sovereign Gold Bonds: Applications for the Bonds will be accepted from 1st September to 9th September, 2016 and Bonds will be issued on 23rd September,2016. The Government of India, in consultation with the Reser
Last date for filing online MEF extended to 10 Sept,2016 & submission of hard copy of declaration 20 Sept,2016
Statutory and Institutionalised framework for Monetary Policy; Central Government in consultation with RBI announces the Inflation Target of Four Percent The Finance Minister had announced in his Budget Speech for 2016-17 the Government�s inte
For fast tracking the allotment of PAN and TAN to company applicants, Digital Signature Certificate(DSC) based application procedure has been introduced on the portals of PAN service providers M/s NSDL eGov and M/s UTIITSL. Under the new process PAN
Government accepts the recommendations of Sub-Committee of the High Level Committee to interact with Trade & Industry on Tax Laws on issues relating to compliance procedure for the excise duty,records to be maintained and other relevant administr
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the implementation of the recommendations of 7th Central Pay Commission (CPC) on pay and pensionary benefits. It will come into effect from 01.01.2016. In the past, the
Cabinet approves Tax and Production Incentives for Job Creation in Garment Manufacturing Sector Cabinet approves Special Package for Job Creation & Export Promotion in Textile & Apparel Sector Special Package to create 1 Crore Jobs in 3 Years
Now Electronic Verification Code (EVC) can be generated through ATM. State Bank of India is the first bank to launch this facility which will facilitate its customers, who may not have a net-banking account, to e-verify their return. Other banks are
Circular No. 194/04/2016-STF. No. 354/31/2016-TRUGovernment of IndiaMinistry of FinanceDepartment of Revenue(Tax Research Unit) ToPrincipal Chief Commissioners of Customs and Central Excise(All)Principal Chief Commissioners of Central Excise & Se
Finance Ministry reviews the progress of Gold related Schemes; Total gold collected under Gold Monetisation Scheme (GMS) is 2891 kgs; Banks asked to put concerted efforts to mobilize more gold under the GMS in order to achieve the Scheme�s obje
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