Tax rebate Current Affairs, GK & News

GoI: Rebate of State and Central Taxes Scheme in the form of Scrips

On May 1, 2020, the Government of India announced that the Rebate of State and Central Scheme arrears are to be provided in the form of scrips. It is to be provided by the Department of Revenue Communication. Highlights The ROSL scheme was discontinued in March 2019. The scheme was replaced with Rebate of State ..

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Centre announces 30 per cent tax sop for industries in Bihar

On 20 August 2015 Central government announced 30 per cent income tax rebate for establishment of new manufacturing plants and machinery in 21 ‘backward’ districts of Bihar. In order to give boost to economy and to attract new manufacturing units in 21 backward districts of Bihar Finance Ministry announced this special concession for five years ..

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