Kerala HC Upholds Life Terms For Five, Acquits Two in Renjith Johnson Murder, Says TIP Not Needed  ||  Kerala HC Orders Emergency Electric Fencing at Tribal School to Address Rising Wildlife Conflict  ||  Madras HC: Arbitrator Can’t Pierce Corporate Veil to Bind Non-Signatory and Partly Sets Aside Award  ||  Calcutta HC: Post-Award Claim For Municipal Tax Reimbursement is Not Maintainable under Section 9  ||  Tripura HC: Tax Authorities Cannot Revive Repealed VAT Powers or Retain Deposits Without Law  ||  J&K&L HC: Obtaining a Passport is a Constitutional Right; Citizens Need Not Prove Travel Necessity  ||  Allahabad HC: Police Report in Non-Cognizable Offence is a Complaint; Accused Must Be Heard First  ||  Kerala HC: Hospitals Must Display Rates and Cannot Deny Emergency Care For Lack of Advance Payment  ||  Orissa HC: Convict’s Refusal to Appeal Through Legal Aid Must be Recorded in Writing  ||  SC Halts Deer Translocation From Delhi’s AN Jha Park And Orders a Probe into DDA Negligence    

Income Declaration Scheme 2016 to open 1 June 2016- (Ministry of Finance ) (14 May 2016)

Direct Taxation

The Income Declaration Scheme 2016 incentivising declaration of black money will commence 1 June 2016.

Monies declared under the scheme will be taxed at a total 45 per cent. The scheme will run till 30 September 2016, and formalities thereunder must be completed latest by 30 November 2016.

Tags : BLACK MONEY   INCOME TAX   WINDOW  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved