Govt Extends April GST Payment Deadline Till May 24

New Delhi- As taxpayers face technical glitches on the GST portal, the government on Tuesday extended the due date for April tax payment till...

India Plans To Replace Toll Plazas With Auto Number Recognition System

New Delhi- Union minister Nitin Gadkari on Tuesday said that the government is conducting pilot projects to replace toll plazas with automatic number plate recognition...

GST Collection At Rs 1.52 Lakh Crore In October, Second Highest Ever

New Delhi- GST revenues registered the second highest collection ever at Rs 1.52 lakh crore in October, reflecting pick up in economic activity in...

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...

Over 3 Crore Income Tax Returns Filed So Far: Tax Department

New Delhi- Over 3 crore ITRs for income earned in 2022-23 fiscal have been filed so far, out of which 91 per cent have...

Non-Resident Taxpayers Can Now Manually File Form 10F Till March 31

New Delhi- The income tax department has allowed non-resident taxpayers not having PAN to file Form 10F manually till March 31, 2023, a move...

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...

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...

GST Revenues Up 44% At Nearly Rs 1.41 Lakh Cr In May

New Delhi- GST revenues bucked the two-month rising trend in May and stood at nearly Rs 1.41 lakh crore, registering a year-on-year increase of...

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...