No Extension Of ITR Filing Deadline; Over 5.62 Cr Returns For FY21 Filed So...

New Delhi- The government on Friday ruled out extending the deadline for filing of ITRs, saying there were no problems faced by taxpayers in...

Allow Deductions, Hike Threshold For Levying Peak 30% Tax: Experts

NEW DELHI- Investments in PPF and other tax savings schemes should be allowed as deductions, and the threshold for 30 per cent tax should...

J&K Registers Record Rs 588.68 Cr GST Revenue In June 2023

Srinagar- The Union Territory of Jammu and Kashmir has registered substantial growth of 58 percent in GST revenue collected in the month of June...

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...

Chinese NEO Drops After Investor Relations Disaster

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

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...

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,...

Unregistered Persons Can Claim Tax Refunds For Cancelled Contracts On GST Portal

NEW DELHI- Unregistered persons can claim Goods and Services Tax refunds for cancelled contracts or premature termination of insurance policies by obtaining temporary registration...

Govt Tweaks GST Rules For Claiming Input Tax Credit

New Delhi- GST taxpayers will be required to reverse by November 30 the input tax credit (ITC) claimed in the last fiscal in case...

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...