The Government of India is likely to revise income tax slabs as part of its monetary measures to boost the economy. The higher exemption is expected for the salaried and middle class tax payers of the country. If the reports are to be believed, the Government of India may increase the basic income tax exemption…
Government of India has announced another income declaration scheme, Pradhan Mantri Garib Kalyan Yojana (PMGKY) with stringent penalties. This would be the last scheme to be offered to disclose black money. Following are the details of PMGKY and its guidelines. Pradhan Mantri Garib Kalyan Yojana (PMGKY), 2016 scheme will start on December 17, 2016 and…
The Government of India has created an email id for tip-offs on black money hoarders. The people of India can send / email the block money details to blackmoneyinfo@incometax.gov.in which will be monitored by a special cell. The cell will take immediate action of the tip-offs they receive about black money. The government has set…
EPFO (Employees Provident Fund Organisation) has launched EPFO Short Code SMS Service for its members to provide the details of balance, UAN Number, pension status, contributions into the account etc. The Short Code SMS service is available in the following languages: English, Hindi, Telugu, Punjabi, Gujrati, Marathi, Kannada, Malayalam, Tamil and Bengali. The EPFO members…