{"id":126461,"date":"2017-04-23T18:20:56","date_gmt":"2017-04-23T12:50:56","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=126461"},"modified":"2017-04-23T18:20:56","modified_gmt":"2017-04-23T12:50:56","slug":"date-for-filing-of-declaration-under-pmgky-extended","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/04\/23\/date-for-filing-of-declaration-under-pmgky-extended\/","title":{"rendered":"Date for filing of declaration under PMGKY extended"},"content":{"rendered":"
\n
The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana,2016 (PMGKY) had commenced on 17th December, 2016 and was open for declarations up to 31st March, 2017. \u00a0Representations from stakeholders have been received stating that in some cases tax, surcharge and penalty have been paid on or before 31st March, 2017 but the corresponding deposit under the Pradhan Mantri Garib Kalyan Deposit Scheme, 2016 (Deposit Scheme) could not be made by the said date. Accordingly, DEA vide notification S.O.1218(E) dated 19th April, 2017 has extended the date of making deposit under the Deposit Scheme up to 30th April, 2017 in respect of cases where tax, surcharge and penalty under PMGKY has been paid on or before 31st March, 2017.<\/div>\n
\n

Subsequently, CBDT vide Circular No.14 of 2017 dated 21st April, 2017 has extended the date of filing of declaration under PMGKY to 10th May, 2017 in cases where tax, surcharge and penalty under PMGKY has been paid on or before the 31st March, 2017, and deposit under the Deposit Scheme has been made on or before the 30th April, 2017. The Circular may be accessed on the official website of the Income-tax Department www.incometaxindia.gov.in<\/a><\/p>\n

Ministry of Finance<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana,2016 (PMGKY) had commenced on 17th December, 2016 and was open for <\/p>\n","protected":false},"author":91,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1188,2],"tags":[],"class_list":["post-126461","post","type-post","status-publish","format-standard","hentry","category-hot_off_the_press","category-news"],"yoast_head":"\nDate for filing of declaration under PMGKY extended | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2017\/04\/23\/date-for-filing-of-declaration-under-pmgky-extended\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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Mantri Garib Kalyan Deposit Scheme, 2016, notified","author":"Saba","date":"December 17, 2016","format":false,"excerpt":"The Taxation Laws (Second Amendment) Act, 2016 has come into force on 15th December, 2016. \u00a0The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 (the Scheme) introduced vide the said Act shall commence on 17th December, 2016 and shall remain open for declarations up to 31st March,\u2026","rel":"","context":"In "Hot Off The Press"","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, 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It also puts a disproportionate burden on the honest taxpayers who have to bear the brunt of higher taxes to make up for the revenue leakage. As a step forward\u2026","rel":"","context":"In "Foreign Legislation"","block_context":{"text":"Foreign Legislation","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/foreign\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101211,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/01\/21\/co-operative-banks-are-not-authorised-banks-to-accept-deposits-under-pradhan-mantri-garib-kalyan-deposit-scheme\/","url_meta":{"origin":126461,"position":2},"title":"Co-operative Banks are not authorised banks to accept deposits under Pradhan Mantri Garib Kalyan Deposit Scheme","author":"Saba","date":"January 21, 2017","format":false,"excerpt":"Amendment in Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016\u00a0 The Government of India, in consultation with the Reserve Bank of India, had notified\u00a0Pradhan Mantri Garib Kalyan Deposit Scheme\u00a0(PMGKDS), 2016\u00a0vide Notification No. S.O. 4061(E) dated December 16, 2016. The deposit under this Scheme shall be made by any person who\u2026","rel":"","context":"In "Hot Off The Press"","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":264619,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/03\/28\/cabinet-approves-extension-of-pradhan-mantri-garib-kalyan-anna-yojana-for-another-6-months-april-september-2022\/","url_meta":{"origin":126461,"position":3},"title":"Cabinet approves extension of Pradhan Mantri Garib Kalyan Anna Yojana for another 6 months (April-September, 2022)","author":"Bhumika Indulia","date":"March 28, 2022","format":false,"excerpt":"The Union Cabinet has extended the Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) scheme for another six months i.e., till September 2022 (Phase VI). The Phase-V of PM-GKAY scheme was to end in March 2022. It may be recalled that the PM-GKAY has been under implementation since April 2020, as\u2026","rel":"","context":"In "Cabinet Decisions"","block_context":{"text":"Cabinet Decisions","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/cabinet_decisions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-106-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-106-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-106-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-106-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-106-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":100541,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/02\/01\/clarifications-on-taxation-and-investment-regime-for-pradhan-mantri-garib-kalyan-yojana-2016\/","url_meta":{"origin":126461,"position":4},"title":"Clarifications on Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016","author":"Saba","date":"February 1, 2017","format":false,"excerpt":"The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan\u00a0Yojana, 2016 (hereinafter \u2018the Scheme\u2019) provides an opportunity to persons having\u00a0undisclosed income in the form of cash or deposit in an account maintained with a\u00a0specified entity to declare such income and pay tax, surcharge and penalty totaling\u00a0in all to 49.9 per\u2026","rel":"","context":"In "Hot Off The Press"","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104611,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/02\/08\/government-decides-to-allow-declarants-to-make-deposits-on-one-or-more-occasions-in-the-pmgkds-2016\/","url_meta":{"origin":126461,"position":5},"title":"Government decides to allow declarants to make deposits on one or more occasions in the PMGKDS, 2016","author":"Saba","date":"February 8, 2017","format":false,"excerpt":"The Government of India, in consultation with the Reserve Bank of India (RBI), had notified Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 vide Notification No. S.O.4061(E) dated December 16, 2016. The deposit under this Scheme shall be made by any person who declared undisclosed income under Pradhan Mantri Garib\u2026","rel":"","context":"In "Hot Off The Press"","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/126461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/91"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=126461"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/126461\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=126461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=126461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=126461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}