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...

Hotels, Restaurants Barred From Levying Service Charge

New Delhi- Amid rising consumer complaints, the Central Consumer Protection Authority (CCPA) on Monday barred hotels and restaurants from levying service charge automatically or by...

GST Collections Up 56 Pc To Rs 1.44 Lakh Cr In June

New Delhi- GST collections in June witnessed a 56 per cent year-on-year increase to over Rs 1.44 lakh crore on economic recovery and better...

Govt To Review New Taxes Levied On Crude, Diesel, ATF Every Fortnight: FM

New Delhi- Finance Minister Nirmala Sitharaman on Friday said the government will review every fortnight the new taxes levied on crude, diesel and ATF...

Cryptocurrencies Clear Danger, Says RBI Governor

Mumbai- Reserve Bank Governor Shaktikanta Das on Thursday described cryptocurrencies as “clear danger” and said that anything that derives value based on make believe, without...