Tag Archives: Government Press Release

Action by Income Tax Department for currency deposited in banks

By | November 11, 2016

Press Release by Govt of India , Ministry of Finance,10-November, 2016 Replies given by Revenue Secretary Dr. Hasmukh Adhia on the questions relating to action by Income Tax Department in respect of old currency deposited in banks . Q.1  A lot of small businessmen, housewives, artisans, workers may have some cash lying as their savings… Read More »

Rs 500 /1000 Notes accepted for fees,taxes & penalties payable to Central & State Governments

By | November 11, 2016

As per Press release by Ministry of Finance, Govt of India ,10-November, 2016 Old demonitised 500 & 1000 rupee notes will be accepted for making payments towards fees, charges, taxes and penalties payable to the Central and State Governments including Municipal and local bodies;This facility available only till midnight of 11th November,2016. The Central Government has… Read More »