Budget 2023 May Tweak Capital Gains Tax Regime

New Delhi- The Budget may tweak capital gains taxes levied on equity, debt and immovable property to bring parity in varied tax rates and...

Centre Ready To Bring Fuel Under GST: Petroleum Minister Puri

Srinagar- The Centre is ready for bringing petrol and diesel under the GST regime but it is unlikely that the states will agree to...

Better Tax Collection To Help Meet FY23 Fiscal Deficit Target Of 6.4%: Report

Mumbai- The Centre is likely to meet the key fiscal targets led by the deficit getting contained at the budgeted target of 6.4 per...

GST Evasion Of Rs 55,575 Crore Detected In Last 2 Years, 719 Persons Arrested

NEW DELHI- GST authorities have detected GST fraud of Rs 55,575 crore over the last two years and arrested over 700 persons for causing...

Taxpayers Should Check AIS Quarterly, Report Discrepancies: Finance Ministry

New Delhi- Taxpayers should check their annual information statement every quarter and flag any discrepancies to help curb instances of wrongful HRA deductions, a...

GST Collection At Rs 1.52 Lakh Crore In October, Second Highest Ever

New Delhi- GST revenues registered the second highest collection ever at Rs 1.52 lakh crore in October, reflecting pick up in economic activity in...

CBDT Extends Deadline For Filing TDS For Non-Salary Transactions Till Nov 30

New Delhi- The Central Board of Direct Taxes on Thursday extended the deadline for filing quarterly TDS statement in Form 26Q for the June...

Finance Ministry Extends ITR Filing Deadline For Companies Till November 7

NEW DELHI- The Finance Ministry on Wednesday extended the deadline for filing income tax returns for the assessment year 2022-23 by businesses till November 7. The last...

Demonetisation Behind The Buoyancy In Tax Collections, Says RBI MPC member

NEW DELHI- RBI Monetary Policy Committee (MPC) member Ashima Goyal has attributed the rise in tax collections to demonetisation and said that it will...

Govt Extends Deadline For Filing September GST Return Till Oct 21

New Delhi- The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the...