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...
Tax On Windfall Profit On Crude Oil, Export Of Diesel, ATF Hiked
New Delhi- The government on Saturday hiked windfall tax on domestically produced crude oil by more than a third while doubling the rate on...
Direct Tax Collection Jumps 24% In First Half Of FY23
New Delhi- Gross collection of tax on corporate and individual earnings jumped nearly 24 per cent so far in the current fiscal year that...
GST Mop-Up In Sept At Rs 1.47 Trn; Festival Season To Push Up Revenues
New Delhi- GST collections remained above Rs 1.40 lakh crore for the seventh month in a row at Rs 1.47 lakh crore in September, a 26...
GST Revenue In September Likely At Rs 1.45 Lakh Cr
New Delhi- Goods and Services Tax (GST) revenue mop-up in September is expected to be around Rs 1.45 lakh crore, an official said.The collection...