Tax Gyan - The Makeyourtax Blog

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Draft forest policy out, brace for green tax

Draft forest policy out, brace for green tax The environment ministry has come out with a draft National Forest Policy (NFP), proposing levy of a green tax while calling for safeguarding forest land by exercising strict restraint on diversion for non-forestry purposes like mining and industrial projects and practising responsible eco-tourism in forest areas to …

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Major Take Aways from Annual Conference of Tax Administrators

Press Information Bureau Government of India Ministry of Finance 18-June-2016 12:05 IST “Rajswa Gyansangam- Annual Conference of Tax Administrators-2016”concludes; Major Take Aways from two day “Annual Conference of Tax Administrators-2016” include further improvement in Tax Payers Services by use of technology and increased human touch; widening of tax base and faster dispute resolution among others. …

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NRIs can now join & subscribe to NPS online through eNPS

Press Information Bureau Government of India Ministry of Finance 17-June-2016 17:14 IST Non Resident Indians (NRIs) can now join and subscribe to NPS online through eNPS NRIs have a pivotal role to play in the Indian economy. India has the second-largest Diaspora in the world, with around 29 million people living in over 200 countries …

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Interest Rates on Small Savings Schemes w.e.f. 01.07.2016 to 30.9.2016

Press Information Bureau Government of India Ministry of Finance Date: 20-June-2016 Quarterly Revision of Interest Rates for Small Savings Schemes On the basis of the decision of the Government, interest rates for small savings schemes are to be notified on quarterly basis. Accordingly, the rates of interest on various small savings schemes for the second …

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No Fee for MSME Registration

Press Information Bureau Government of India Ministry of Micro,Small & Medium Enterprises Date: 20-June-2016 No Fee for MSME Registration Ministry of MSME has clarified today, that Udyog Aadhar Memorandum is the only form of registration for MSMEs in India and there is no fee for the registration. This has been clarified in view of some …

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Outlets can be visited only on tax evasion information

Revenue department has directed excise officials to visit readymade garment retail outlets or chains only when they have specific inputs regarding duty evasion and that too after the approval of senior officers. The Central Board of Excise and Customs (CBEC) said this while clarifying on scope of levy of excise duty on branded readymade garments having …

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