Host Of Changes In GST Law To Come Into Effect From Jan 1

NEW DELHI- The GST regime will see a host of tax rate and procedural changes coming into effect from January 1, including liability on...

Square’s Cash App Adds Option to Buy and Sell Bitcoin

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or...

Export Duty On Steel, Iron Ore Cut; Tax On Some Raw Material Imports Hiked

New Delhi- The government has cut the export duty on steel products and iron ore with effect from Saturday in order to provide a...

I-T Dept Tweaks Disclosure Norms For Charitable Institutions

NEW DELHI- The income tax department has tweaked disclosure norms for charitable institutions claiming I-T exemption by seeking additional details. As per amendments to the...

Net Direct Tax Collection Reaches Rs 13.73 Lakh Crore, 83% Of Revised Estimate For...

New Delhi- Net direct tax collection so far this fiscal grew 17 per cent to reach Rs 13.73 lakh crore, which is 83 per...

Capital Gains Tax Should Be Rationalised; Need Simpler ITR Form For Disclosing Such Income:...

New Delhi- The Budget should bring in a simpler income tax return form for assessees having only capital gains or dividend or interest income,...

Bitcoin Future Predictions Are Here: The Story So Far

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or...

GST Mop Up In Nov At Rs 1.31 Lakh Cr, Second Highest Since Rollout

New Delhi- Goods and Services Tax (GST) collections jumped to over Rs 1.31 lakh crore in November, the second highest since its implementation in...

RBI Guv Bats For Cut In State Taxes On Petrol, Diesel

New Delhi- Lending support to the Union government's pitch for states to reduce sales tax (VAT) on petrol and diesel, Reserve Bank of India...