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Stake holders and general public requested to bring-out issues/points by 25th May 2016 which in their opinion would require further clarification/guidance in Income Declaration Scheme 2016 & the Direct Tax Dispute Resolution Scheme 2016; Both the Schemes are expected to come into force on the 1st of June 2016 after the Finance Act 2016 receives the Presidential assent.

News and Press Release - Dated:- 12-5-2016 - The Income Declaration Scheme, 2016 incorporated as Chapter IX of the Finance Bill 2016 and The Direct Tax Dispute Resolution Scheme 2016 incorporated as Chapter X of the Finance Bill 2016 are expected to come into force on the 1st of June, 2016 after the Finance Act 2016 receives the Presidential assent. The complete text of the two Schemes is available on the website of the Ministry of Finance as part of the Finance Bill 2016. The stake holders and .....

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