Corporate Tax Collection Up 34% In April-July
New Delhi- Tax collected on income of companies surged by 34 per cent in the first four months of the current fiscal that began in...
No GST On Residential Premises Rented Out For Personal Use: Govt
New Delhi- The government, on Friday, said GST will not be applicable on residential units if they are rented out to private persons for...
Income Tax Payers Barred From Enrolling In Atal Pension Yojana From Oct 1
New Delhi- Income tax payers will not be allowed to enrol in the government's social security scheme Atal Pension Yojana (APY) from October 1.
The...
GST E-Invoice To Be Mandatory For Firms With Turnover Of Rs 10 Crore From...
NEW DELHI- GST-registered businesses with annual turnover of Rs 10 crore or more will have to generate e-invoices for B2B transactions from October 1,...
Verification Of ITR Timeline Reduced To 30 Days From 120: I-T Dept
New Delhi- The Income Tax department has reduced the time limit for e-verification or hard copy submission of the ITR-V, post filing of returns...
GST Collection Rises 28% To Rs 1.49 Lakh Cr; 2nd Highest Ever
New Delhi- GST collection rose 28 per cent to touch the second-highest level of Rs 1.49 lakh crore in July on the back of...
Over 4.52-Cr ITRs Filed Till July 29 As Deadline Ends Sunday
New Delhi- More than 4.52 crore returns have been filed till July 29, the Income tax department said on Saturday, a day before the...
RBI Wants Govt To Prohibit Cryptocurrencies: Sitharaman
New Delhi- Finance Minister Nirmala Sitharaman on Monday said the RBI has expressed concerns over cryptocurrencies saying that they should be prohibited as they can...
Prepacked, Labelled Cereal, Pulses, Flour Weighing Up To 25kg To Attract 5% GST From...
NEW DELHI- The Central Board of Indirect Taxes and Customs (CBIC) on Sunday said single packages of food items like cereals, pulses and flour...
Govt Notifies Host Of Procedural Changes In GST Rules
New Delhi- The government has notified a host of procedural changes in the GST rules, including levy of interest for wrongful utilisation of ITC...