Contribution to Political Parties Contributions to political parties are governed by Section 182 of the Companies Act, 2013. A company that is not a Government company and which is in existence for at least last three financial years may contribute up to 7.5% of its average net profits during the last three years to a… Read More »
PMGKDS 2016 Pradhan Mantri Garib Kalyan Deposit Scheme 2016 Key Points of PMGKDS 2016 Eligible deposit : The deposit under PMGKDS 2016 shall be made by any person who declared undisclosed income under Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana 2016. Read New Taxation Bill to Tax undisclosed Income received assent of President , Where… Read More »
Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 Date : Dec 16, 2016 Government of India, in consultation with the Reserve Bank of India, has notified Pradhan Mantri Garib Kalyan Deposit Scheme, 2016. The deposit under this Scheme shall be made by any person who declared undisclosed income under Pradhan Mantri Garib Kalyan Yojana, 2016.… Read More »