The withdrawal of the ₹2000 currency note, announced on May 19th by the Reserve Bank of India, will not have any negative impact on the economy said the RBI governor in the June monetary policy review. Das also said that more than two-thirds of the total currency notes in circulation have returned to the system. According to RBI, 'more than two-thirds of Rs2.41 lakh crore bank notes worth of the ₹3.62 lakh crore as of March 31, 2023 of the now-recalled 2000 banknotes have come back to the system as of mid-last week'.
26 Jun 2023For Aadhaar-PAN linking, ensure your name, gender and date of birth are the same in both databases
2 min read2 Oct 2018The CBDT has extended the 'due date' for ITR filing as well as reports of audit from 30 September 2018 to 15 October 2018
1 min read24 Sep 2018The GSTR 9 and GSTR 9C annual returns forms will facilitate matching of input tax credits by tax authorities,thereby curbing tax evasion
1 min read4 Sep 2018If you fail to file your income tax return by 31 August, you can still do so by 31 March, but that would attract a penalty
1 min read27 Jul 2018The Central Board of Direct Taxes (CBDT) has extended the deadline to link PAN with Aadhaar to 31 March next year. This is the 5th time the govt has extended the deadline
1 min read1 Jul 2018The government has invited applications for appointment of chief economic adviser on deputation basis. Applications are to reach the finance ministry by 20 July
1 min read30 Jun 2018The Delhi high court in its interim order also made it clear that while the candidates are allowed to submit their application for the NEET, it does not mean that they can sit for it
1 min read28 Feb 2018The Indira Gandhi National Open University has extended the last date for admissions to over 150 programmes till 15 February. Earlier deadline for the January 2018 session was 31 January
1 min read7 Feb 2018Businesses with turnover of up to Rs1.5 crore will have to file GSTR-1 for July-September by 10 January 2018, as against 31 December 2017 earlier
1 min read29 Dec 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared