www.caonline.in News... 1.Govt: Cuts Interest Rate On 5-Year Time Deposit To 7.9% From 8.5%. 2.Govt: Cuts Interest Rate On 3-Year Time Deposit To 7.4% From 8.4%. 3.Govt: Cuts Interest Rate On 2-Year Time Deposit To 7.2% From 8.4%. 4.Govt: Cuts Interest Rate On 1-Year Time Deposit To 7.1% From 8.4%. 5.Govt: Cuts Interest Rate On Kisan Vikas Patra To 7.8% From 8.7%. 6.Govt: Cuts Interest Rate On Public Provident Fund To 8.1% From 8.7%. 7.Reopening to review original assessment is not permitted. [Munjal Showa Limited vs. DCIT (Delhi High Court)] 8.CBDT directs reopening assessments in claim of bogus capital gains / loss in penny investment scam by taxpayers vide letter dated 16.03.2016. For more News Like us on https://www.facebook.com/caonlineofficial Or Subscribe on mail visit : www.caonline.in