Clarifications on the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016

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..... Clarifications on the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016
News and Press Release
Dated:- 19-1-2017

The Taxation and Investment Regime for Pradhan .....

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..... Mantri Garib Kalyan Yojana, 2016 (PMGKY) has commenced on 17th December, 2016 and is open for declarations up to 31st March, 2017. CBDT has received queries from stakeholders seeking clarifications a .....

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..... bout various provisions of the Scheme. The issues raised have been examined and a set of twelve FAQs has been issued on 18 January 2017 vide Circular No.2 of 2017. The Circular inter alia provides cla .....

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..... rifications on issues such as the deposits eligible for being declared under the Scheme, eligibility for making a declaration under the Scheme, adjustment of seized cash against the payment of tax, su .....

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..... rcharge and penalty under the Scheme etc. The Circular has been uploaded on the official website of the Income-tax Department www.incometaxindia.gov.in for viewing.
News - Press release - PIB .....

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