Govt Gives Time Till May 31 For Goods Transport Agencies To Opt For GST...

New Delhi-  The Government has extended the deadline to May 31 for Goods Transport Agencies to exercise the option of paying GST on forward...

FM Says No Income Tax For People Earning Up To Rs 7.27 Lakh Per...

Udupi (Karnataka)-  Finance Minister Nirmala Sitharaman on Friday said the Narendra Modi government has provided several tax benefits to middle class people, including income...

Govt extends deadline for various tax compliances

New Delhi: The Central Board of Direct Taxes (CBDT) on Sunday extended the deadline for various tax compliances, including filing of statement for equalisation...

GST E-Invoice To Be Mandatory For Firms With Turnover Of Rs 10 Crore From...

NEW DELHI- GST-registered businesses with annual turnover of Rs 10 crore or more will have to generate e-invoices for B2B transactions from October 1,...

Govt Hikes Windfall Tax On Crude Oil, Export Of Diesel, ATF

NEW DELHI- The government has raised the windfall profit tax levied on domestically produced crude oil as well as on the export of diesel...

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...

Income Tax Payers Barred From Enrolling In Atal Pension Yojana From Oct 1

New Delhi- Income tax payers will not be allowed to enrol in the government's social security scheme Atal Pension Yojana (APY) from October 1. The...

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...

I-T Dept Relaxes Time Till Feb’2022 For Taxpayers To Complete Verification Of FY’20 ITRs

New Delhi- Taxpayers who have not e-verified their ITRs for 2019-20 fiscal can complete the verification process by February 28, 2022, as the Income...

Parliament Passes Provisional Collection Of Taxes Bill, 2023

New Delhi- Parliament on Wednesday passed the Provisional Collection of Taxes Bill, 2023, that gives statutory backing to the government to collect taxes from...