9 FAQs on Capital Gains Account Scheme !

Capital Gains Account Scheme 1988  ( the Scheme after this ) is well known among tax payer as this is one scheme for providing relief to tax payer by providing extra two years to buy or construct the house.The  Scheme has prescribed its own  rules and forms . This site has posted earlier on the...

Cost Audit & Compliance Report Now by 31st Jan 2013 !

The cost audit report and compliance report dates have been extended to 31st January 2013 , as per the GENERAL CIRCULAR NO. 43/2012, DATED 26-12-2012 issued by Ministry of Corporate affairs . The said circulars is as under In continuation of MCA’s General Circular Nos. 8/2012, dated May 10, 2012 [as amended on June 29, 2012] and 18/2012, dated July 26, 2012, it has been...

Senior Citizen Interest Rate 9.3 % from 1st April

Senior citizen savings scheme has got an amendment in rate of interest ! It has been notified vide NOTIFICATION NO.GSR 321(E), DATED 25-4-2012 that all deposits in senior citizen savings scheme 2004 shall be 9.3 %. Read the notification SENIOR CITIZENS SAVINGS SCHEME (AMENDMENT) RULES, 2012 – AMENDMENT IN RULE 7 NOTIFICATION NO.GSR 321(E), DATED...

VDIS 2011 A reality ??

It was this site that reported Is VDIS coming back this budget 2011-12? Media reports that the government is seriously  considering the option of a voluntary disclosure scheme” for bringing back unaccounted money kept in banks abroad.VDIS was launched by the finance ministry domestically in 1997 and it helped the government increase revenue collections dramatically....