GST Not Payable On House Rented To Proprietor For Residential Purpose: CBIC
New Delhi- From January 1, GST would not be payable on housing units rented to the proprietor of a proprietary concern for residential usage...
Unregistered Persons Can Claim Tax Refunds For Cancelled Contracts On GST Portal
NEW DELHI- Unregistered persons can claim Goods and Services Tax refunds for cancelled contracts or premature termination of insurance policies by obtaining temporary registration...
Govt Tweaks GST Rules For Claiming Input Tax Credit
New Delhi- GST taxpayers will be required to reverse by November 30 the input tax credit (ITC) claimed in the last fiscal in case...
Buoyant Tax Collections Cushion Govt On Fiscal Front; ITR Reforms Likely
New Delhi- Riding on the back of a 26 per cent surge in tax collections, the government is set to unveil the next set...
Gross Direct Tax Mop-Up Grows 26% To Rs 13.63 Lakh Cr; Net Collections Near...
New Delhi- The gross direct tax collections have grown 26 per cent to over Rs 13.63 lakh crore so far this fiscal, aided by...
GST Council Meet: Decriminalisation Of Offences, Curbing Tax Evasion In Pan Masala, Gutkha Biz...
New Delhi- The GST Council in its meeting on Saturday is expected to decide on a number of issues like decriminalisation of offences under...
Non-Resident Taxpayers Can Now Manually File Form 10F Till March 31
New Delhi- The income tax department has allowed non-resident taxpayers not having PAN to file Form 10F manually till March 31, 2023, a move...
GST Council Likely To Decide On Decriminalisation Of GST Offences, Setting Up Appellate Tribunals...
New Delhi- The GST Council, chaired by Finance Minister Nirmala Sitharaman, is likely to decide on a number of issues such as decriminalisation of...
Net Direct Tax Collection Grows 24% To Rs 8.77 Lakh-Crore; Nears 62% Of Budget...
New Delhi- The net direct tax collection grew 24 per cent to Rs 8.77 lakh-crore in the April-November of the current fiscal, the Finance...
Indian Aviation Mkt Has Significant Opportunities But Taxation Always An Issue: IATA Chief
New Delhi- The Indian civil aviation market has exciting and significant opportunities but taxation has always been an issue which also makes the industry...