CBEC Announces Relaxation in GST Return Filing Due Date for July-Aug. 2017
In view of the concerns of stakeholders about GST rollout on 1 July 2017, CBEC has announced relaxation in due dates for filing of GST Returns in the initial …
Tag: Press Releases
National CSR Awards for Companies: MCA Invites Applications/ Nominations
MCA has invited applications/ nominations for First "National Corporate Social Responsibility (CSR) Awards" in 4 categories; to recognize the companies that have positively impacted both business and society, by …
CBDT’s Major Highlights of SC Judgment on “PAN-Aadhaar Linking”
The CBDT has issued a Press Release indicating Major Highlights of the SC Judgment on "Linking of Aadhaar with PAN", i.e. those who are eligible to obtain, or have …
India Signs Multilateral Convention to Implement Measures for Preventing BEPS
India has signed the "Multilateral Convention to Implement Tax Treaty Related Measures" to Prevent Base Erosion and Profit Shifting (BEPS) at Paris on 7 June, 2017, along with 65 …
Operation Clean Money Portal (www.cleanmoney.gov.in) launched by IT Deptt.
The CBDT has launched a dedicated website/ portal named as Operation Clean Money, under Phase II, to encourage voluntary tax compliance by Taxpayers. This portal provides comprehensive information (FAQs, …
Exemption from Quoting Aadhaar for Filing of ITR/ PAN Application w.e.f. 1 July 2017 to Certain Individuals: CBDT
CBDT/ Govt. has notified that Non Residents/ Super Senior Citizens/ Foreign Citizens/ Residents of Assam, J&K and Meghalaya shall be exempt from the requirement of Quoting Aadhaar/ Enrollment ID …
PAN-Aadhaar Linking Simplified by Income Tax Deptt.
The Income Tax Department has simplified the process for taxpayers to link their PAN with Aadhaar, in response to to grievances of taxpayers regarding difficulties in linking PAN with …
All About “PMGKY 2016” and “PMGKD Scheme 2016”
All about the "The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 (PMGKY 2016)" and "The Pradhan Mantri Garib Kalyan Deposit Scheme 2016 (PMGKD Scheme 2016)".
PAN, TAN in 1 Day to New Companies: CBDT & MCA Ease of Doing Business Initiative
CBDT and MCA Initiative; PAN and TAN issued within 1 day to new companies under incorporation, using MCA's common application form SPICe (INC-32); Improved Ease of Doing Business in …
Revised Deadline 30 Apr. 2017 for Blocking Financial Accounts under IT Rule 114H(8)
Revised Deadline/ Timeline for financial institutions to obtain the self-certification is 30 April, 2017 for "US Reportable Accounts"; Otherwise financial accounts required to be blocked under Rule 114H(8) of …