Category Archives: News

PM Modi Launches “ Housing for All ” in Rural Areas

By | November 21, 2016

Press Information Bureau Government of India Ministry of Rural Development 20-November-2016 16:45 IST PM Launches “Housing for All” in Rural Areas Prime Minister Shri Narendra Modi today formally launched “Housing for All” in rural areas under which the Government proposes to provide an environmentally safe and secure pucca house to every rural household by 2022.… Read More »

No Cash bill can be raised after 08.11.2016 by accepting old Notes Rs 500, 1000

By | November 19, 2016

Cash bills after 08.11.2016 by accepting old Rs 500,1000 notes Question : whether assessee can raise cash bills after 08.11.2016 by accepting old Rs 500 Bank Note or Rs 1000  Bank notes and deposit entire sale proceeds into current or CC accounts and make RTGS to suppliers of goods.whether dept can say cash accepted after 08.11.2016… Read More »

Action on banks accounts held by Indians in Liechtenstein and Switzerland

By | November 19, 2016

Action on the information provided by the foreign Government regarding banks accounts held by Indians in Liechtenstein and Switzerland 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)… Read More »

Currency Demonetisation- Boon for the Real Estate and Housing

By | November 18, 2016

Currency Demonetisation- Boon for the Real Estate and Housing Demonetisation move to bring correction in property prices This will help realize the dream of ‘Housing for All’  *Vinod  Behl The Modi government’s surgical strike against black money by way of demonetisation of high value currency notes, is set to shake up the real estate sector,… Read More »

Revised Draft Banning of Unregulated Deposit Schemes and Protection of Depositors’ Interests Bill 2016

By | November 18, 2016

Comments / inputs / suggestions on the Draft Bill on Banning of Unregulated Deposit Schemes and Protection of Depositors’ Interests Bill, 2016 invited up to 17th December 2016. The revised Draft “Banning of Unregulated Deposit Schemes and Protection of Depositors’ Interests Bill, 2016” (Version 2.0), has been uploaded on the website of the Department of… Read More »

Foreign Deputation – Action against officials not coming back to Office after Foreign Deputation

By | November 17, 2016

Action against officials not coming back to Original Office after Foreign Deputation The Department of Personnel & Training had issued instructions/guidelines under AIS (Leave) Rules vide letter No. 11019/05/2015-AIS-III dated 3/11/2015 to process deemed resignation in respect of AIS officers, for being unauthorisedly absent after expiry of leave/study leave/foreign assignment etc. and completion of one… Read More »

Withdraw/Exchange Cash from Bank : Govt of India 7 Key Decisions w.e.f 18.11.2016

By | November 17, 2016

The Central Government takes several decisions to facilitate farmers, small traders, Group ‘C’ Employees of Central Government including equivalent levels in the Defence and Para Military Forces, Railways and Central Public Sector Enterprises in the aftermath of the cancellation of the legal tender character of the old Rs. 500 and Rs. 1000 notes; Also decides… Read More »