Category: Personal Finance

Tax Exemption to Startups
Personal Finance

Tax Exemption to Startups

NewsTaxIndia0 comments293 views
Tax Exemption to Startups: Various tax exemptions have been given to Startups in the recent past – Following direct tax incentives were provided in Income-tax Act,1961 (‘the Act’) to promote Start-ups through Finance Act,2016: Introduction of new section 54EE in Income-tax Act, 1961 to exempt investment … Continue Reading →
Digitization of Ration Cards
Personal Finance

Digitization of Ration Cards

NewsTaxIndia0 comments1206 views
Digitization of Ration Cards  The Department of Food & Public Distribution is implementing a Plan scheme on “End-to-end Computerization of Targeted Public Distribution System (TPDS) Operations” which includes digitization of ration card/ beneficiary and other databases. The digitization of ration cards is already completed in … Continue Reading →
Gold Monetisation Scheme
Personal Finance

Gold Monetisation Scheme

NewsTaxIndia0 comments956 views
Gold Monetisation Scheme Please refer to RBI Master Direction No.DBR.IBD.No.45/23.67.003/2015-16 dated October 22, 2015 (updated up to January 21, 2016) on the above subject. In order to operationalise the scheme, we advise the following: 2. In order to have uniformity in reporting, reconciliation and … Continue Reading →