Deposits deadline in Pradhan Mantri Garib Kalyan Yojana scheme extended till Apr 30.

Posted on:21 Apr 2017 14:49:56
Deposits deadline in Pradhan Mantri Garib Kalyan Yojana scheme extended till Apr 30.
21 April 2017 Current Affairs:

  • The government has extended the deadline till April 30 for those who are yet to pay 25% of their undisclosed income as interest-free deposits under the Pradhan Mantri Garib Kalyan Yojana (PMGKY) scheme.

  • Scheme started on December 17, 2016 and closed on March 31, 2017. It was the second income disclosure scheme announced by the government after the demonetisation of Rs 500 and Rs 1,000 notes in November.

  • Under the scheme, a 50% tax was levied on the undisclosed income while another 25% of the undisclosed income was to be deposited in interest-free Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS) for four years.


Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs 2018 August

18 AUGUST
NEWS
17 AUGUST
NEWS
16 AUGUST
NEWS

Current Affairs 2018 July

31 JULY
NEWS
30 JULY
NEWS
29 JULY
NEWS
28 JULY
NEWS

Current Affairs 2018 June

30 JUNE
NEWS
29 JUNE
NEWS
28 JUNE
NEWS
27 JUNE
NEWS