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...

Govt to refund over Rs 8000 cr under new taxation laws: CBDT chairperson

New Delhi: The government will refund over Rs 8,000 crore to four companies, including Cairn Energy and Vodafone, after the Taxation Laws (Amendment) Bill...

Govt Notifies ITR Forms For 2021-22, Seeks Details Of Income From Overseas Retirement Benefit...

New Delhi- The Income Tax department has notified forms for filing I-T returns for 2021-22 fiscal, which also seek details of income from overseas...

Govt Waives Duty And Agri Cess On Crude Soya Bean, Sunflower Oil Imports Under...

New Delhi- The finance ministry has exempted imports of crude soya bean and sunflower oils from basic customs duty and agriculture infrastructure and development...

NHAI Toll Revenue To Jump To Rs 1.40 Lakh Cr In 3 Yrs: Gadkari

New Delhi- Toll revenue of the NHAI will soar to Rs 1.40 lakh crore per annum in the next three years from Rs 40,000...

Tax Demand Case: Flipkart Gets Relief Till Feb 24

Bengaluru- The Income Tax department has assured the High Court of Karnataka that no coercive action will be taken against Flipkart India Private Limited...

I-T Dept Raids On Kashmir Business Group Led To Detection Of Undisclosed Income: CBDT

New Delhi-  The income-tax department has detected undisclosed income worth crores of rupees after it conducted searches against a Jammu and Kashmir-based business group engaged...

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...

GST Collection In J&K Up By 28% In December

SRINAGAR- The Union Territory of Jammu and Kashmir has registered a substantial growth in collection of Goods and Services Tax (GST) in the month of...

Government Extends Date For Filing Tax Forms On Foreign Payments Till August 15, 2021

New Delhi: Giving further relaxation for manual filing of forms 15 CA and 15 CB related to foreign remittances, the Central Board of Direct...