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Thursday, March 19, 2026

CBDT Circular No. 11 of 2021

Clarification for use of functionality under section 206AB and 206CCA of the Income-tax Act, 1961

Finance Act, 2021 inserted two new sections 206AB and 206CCA in the Income-tax Act 1961 which takes effect from 1st day of July, 2021. These sections mandate tax deduction or tax collection at higher rate in case of certain non-filers...
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PMMY Scales to ₹20 Lakh Collateral-Free Credit for High-Performing Micro-Entrepreneurs

Launched in April 2015 by the Department of Financial Services, Pradhan Mantri Mudra Yojana (PMMY) continues to democratise credit...
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