Here comes another move from Government of India as part of its efforts to curb circulation of black money. The finance minister has clarified that the gold above the quantity of 500 grams can be seized by the income tax authorities for scrutiny. The amended Income Tax law has provisions in this regard. The latest…
Here comes another shocker to the people of India after demonetization of currency notes. The Government of India is likely to launch E-Property Pass Book system (EPPB) from 1st April 2017 to facilitate linking the properties of all the people. The policy is aimed at wiping out black assets. If the law is implemented, you…
The Indian Banks Association (IBA) has informed the general public that the bank customers of all bank branches can now exchange / deposit their old currency notes of Rs. 500 and Rs. 1000 from 10th November 2016 as per the guidelines of RBI. The customers can deposit / exchange the old notes till 30th December…
The Government of India has launched online application process for the implementation of the scheme PMAY – Urabn (Pradham Mantri Awas Yojana (Urban) from 3rd November 2016. About 60000 common service centers in urban areas will facilitate online applications at Rs. 25 per each application. Beneficiaries under the PMAY – Urban Scheme have to visit…