New Income-tax return forms for the year 2011-12 (A.Y.2012-13) notified

2 Comments / Income-tax /

The Central Board of Direct Taxes vide its Notification dtd S.O. 626(E) dtd 28th March 2012 has notified new return forms (manual forms) for the previous year 2011-12 (Assessment Year 2012-13).   Form No Applicable to Download Link ITR-1 SAHAJ Indian Individual [wpdm_file id=8] ITR-2 For Individuals and HUFs not  having Income from Business (or) […]

New Income-tax return forms for the year 2011-12 (A.Y.2012-13) notified Read More »

Non-Govt PF, Superannuation and Gratuity fund – Revision in Rate of Interest

Investments /

SPECIAL DEPOSIT SCHEME FOR NON-GOVERNMENT PROVIDENT, SUPERANNUATION AND GRATUITY FUNDS – NOTIFIED RATE OF INTEREST ON SUCH DEPOSITS NOTIFICATION NO.5(4)-B(PD)/2011, DATED 13-3-2012 It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No. F.

Non-Govt PF, Superannuation and Gratuity fund – Revision in Rate of Interest Read More »

BUDGET 2012 – IMPORTANT TAX PROPOSALS

General, Income-tax /

DIRECT TAX PROPOSALS v     Changes in Tax Slabs : The existing differentiation of Male and Female assessees has been removed. The tax rates for all Individual assessees below 60 years of age for the year 2012-13 is as follows :- Income Level                                             Rate of Tax Upto Rs. Rs. 2,00,000/-                                                Nil Rs. 2,00,001 to Rs. 5,00,000/-                                     

BUDGET 2012 – IMPORTANT TAX PROPOSALS Read More »

Last date for updation of PAN details in DIN extended again.

Company Law, Company Registration in Chennai, General /

The last date for filing the DIN 4 for updation of PAN details in respect of DIN holders has been extended again till 30th April 2012. The Department of Company Affairs vide its circular No 4/2012 dtd 9th March 2012 has extended this time limit. The relevant circular is reproduced below :- [gview file=”http://bssridhar.com/blog/wp-content/uploads/2012/03/General_Circular_No_04_2012.pdf”]

Last date for updation of PAN details in DIN extended again. Read More »

Issue of REC Tax free bonds open.

General /

Rural Electrification Corporation REC has come out with issue of Tax Free Secured Redeemable Non-Convertible Bonds in the nature of Debentures. These bonds are totally tax free and with a Tenor of 10 years & 15 years. The Highlights of this issue are reproduced below. Click here to send your queries. [gview file=”http://bssridhar.com/blog/wp-content/uploads/2012/03/rec-mar-2012.pdf”]

Issue of REC Tax free bonds open. Read More »