Taxpayers who deposited Rs 2 lakh or more post demonetisation, will have to make this disclosure in the new Income Tax Returns (ITRs) forms notified on Friday.
The government on Friday notified a simplified Income Tax Return form for individuals which will be available for filing ITR for Assessment Year 2017-18 from Saturday.
The Reserve Bank has allowed Indian citizens who were abroad during November-December 2016 to exchange the scrapped notes up to March 31 and NRIs up to June 30.
The Government on Friday lowered interest rate on small savings deposits, including PPF, by 0.1 percent effective April 1.
From the next fiscal year, that is from April 1, a lot of things of your daily needs as well as things of your comfort is going to get dearer.
EPFO has decided to allow pensioners to submit their life certificates electronically and link their accounts with their Aadhaar numbers till today.
Public sector Canara Bank on Thursday announced 0.10 percentage point reduction in its MCLR-based lending rate to 9.40 percent from April 1, making loans cheaper for consumers.
The taxman will seek data on deposits made by an assessee during the demonetisation period as part of the new Income Tax Returns (ITRs) that would be notified soon for assessment year 2017-18.
E-commerce major Flipkart on Thursday announced instant refunds on returns of purchases made by using Visa debit card.
Retirement fund body EPFO's trustees on Thursday deferred the discussion on the proposal to increase investments in ETFs to 15 percent, from the current 10 percent of investible deposits, in 2017-18.
Come April 1 and several rules will change in the country while newer rules will be implemented.
A crisp income tax form for salaried individuals will be introduced from April 1, doing away with some columns to simplify the filing of returns.
Called Truecaller Pay, it will allow users of the app to instantly create a UPI id, send money to any UPI id or a mobile number registered with the BHIM app
SC has made it clear the government cannot be barred from seeking these cards, which are issued by UIDAI, for "non-benefit" purposes like filing of IT returns and opening of accounts.
You will have to pay more premiums for car, motorcycle and health insurance from April 1 as Insurance Regulatory and Development Authority (IRDAI) has given a green signal to insurers for a commission revision for agents.
Usage of debit cards issued by small public sector lenders has gone up nearly five times.
Car, motorcycle and health insurance will cost more from April 1 with regulator Irdai giving go-ahead to insurers for revision in commission for agents. The change in premium after modification will be limited to +/- 5 per cent of the existing rates.
The Reserve Bank of India (RBI) has asked all agency banks -- all public sector banks and some private banks -- to remain open on all days between March 25 and April 1.
Follow the below mentioned procedure to link your PAN Card with Aadhaar Card
People with existing PAN cards will either have to link them to Aadhaar or show proof of having applied for the 12-digit ID by December 31.