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Archives for November 2016

Last updated: December 16, 2016 | by 13 Comments

Demonetisation Tax Penalty- Pradhan Mantri Garib Kalyan Yojana, 2016’ (PMGKY)

After the withdrawal of currencies of Rs.500 and Rs.1,000 Government of India proposed the changes in penalty clauses calling it as Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016’ (PMGKY).These changes were done after there is a huge concern by many who holding black … [Read more...] about Demonetisation Tax Penalty- Pradhan Mantri Garib Kalyan Yojana, 2016’ (PMGKY)

Last updated: November 28, 2016 | by 79 Comments

Deposit of old Rs.1,000 and Rs.500 notes -Which transactions reported to IT Dept?

There is a huge confusion and concern among many about tax and penalty on deposit of old Rs.1,000 and Rs.500 notes. It is a biggest fear factor among many. Hence, let us understand in detail about the same.When you deposit old Rs.1,000 and Rs.500 notes, then such transactions will be … [Read more...] about Deposit of old Rs.1,000 and Rs.500 notes -Which transactions reported to IT Dept?

Last updated: March 4, 2019 | by 16 Comments

How to identify original or genuine Rs.2,000 and Rs.500 notes?

How to identify original or genuine Rs.2,000 and Rs.500 notes? After some days you may find some fake Rs.2,000 or Rs.500 currency notes. Hence, let us understand the features of newly issued Rs.2,000 and Rs.500 notes. How to identify original or genuine Rs.2,000 and Rs.500 notes? There are many … [Read more...] about How to identify original or genuine Rs.2,000 and Rs.500 notes?

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