Biggest PAN confusion cleared

THE ECONOMIC TIMES Sat, Jul 01, 2017 | 02:44 PM IST Weekly News Platter

India, say hello to GST! Biggest-ever tax reform comes into effect GST replaces more than a dozen levies with a new tax. That should help reduce the immense power India's myriad middlemen wield at state borders. readmore July 1 is not the date when your unlinked PAN will become invalid After July 1, the linking will become mandatory and the government may declare a date after which the PAN not linked to Aadhaar will become invalid. McDonald's is in news & Delhi's not loving it The closure will hurt McDonald's which has been sliding in India since it was dethroned by pizza brand Domino's from pole position in 2013.

Editor's Pick Cars, SUVs and bikes get cheaper as GST kicks in Small car Grand i10 will be cheaper by Rs 3,000 to Rs 14,000, the maximum cut happening in Mumbai for the diesel variant, officials said. Financial year likely to be changed from 2018; Budget in November? According to the proposal under discussion, the Budget session of Parliament would have to be held well before December. Scared of Aadhaar misuse? Lock your biometrics now Once the Biometric is locked, the stored biometrics cannot be used for authentications. One should update the biometric data every 10 years. 5 reasons why living in housing society will be expensive under GST While buying a house may or may not become cheaper, living in a gated society is surely going to burn a big hole in your pocket in the coming months, courtesy GST.

Most Popular This Week Cabinet approves 7th Pay Commission recommendations with 34 changes, to benefit 48 lakh employees GST blues: Millennials, get ready for a tougher life after July 1 After decades of wait, Indian Army finally gets modern bullet-proof helmets China accuses Indian troops of 'crossing boundary' in Sikkim section Full text of speech by Narendra Modi and Donald Trump

Story of The Week Printing of Rs 200 currency notes begins "For day-to-day transaction purposes, introduction of 200 rupee notes will add to the ease of operations," said Soumya Kanti Ghosh, group chief economist, SBI. read more

Money Ten rules you must follow while filing income tax returns There have been several changes in the tax filing rules. Here are 10 commandments for those who will be filing their returns in the coming weeks. 10 dos and don'ts to ensure your claim of HRA tax exemption against rent paid is not rejected Here are some dos and don'ts which you must remember while claiming tax exemption of HRA from your employer or while filing income tax returns.

Stock Round Up Cow milk matters to D-St: Stock rallies 250% in Modi regime, 1,400% in 5 yrs Among the listed dairy stocks, this firm generates 77% of its revenues from milk business.

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