GST Mop-Up Crosses Rs 1.5 Lakh Crore For Third Month In A Row; Up...

New Delhi- GST collections crossed Rs 1.50 lakh crore for the third month in a row, recording a 12 per cent increase in May...

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...

I-T Deptt To Come Out With Modified Valuation Norms For ‘Taxing’ Foreign Investments In...

New Delhi- The Income Tax Department is likely to come out with modified valuation rules under the I-T Act for ascertaining the fair market...

Direct Tax Collection Jumps 24% In First Half Of FY23

New Delhi- Gross collection of tax on corporate and individual earnings jumped nearly 24 per cent so far in the current fiscal year that...

Petroleum Products Can Be Included In GST Framework Once States Agree, Says FM

New Delhi- Finance minister Nirmala Sitharaman on Wednesday said that petroleum products can be included in the Goods and Services Tax (GST) framework once...

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...

Govt Notifies Host Of Procedural Changes In GST Rules

New Delhi- The government has notified a host of procedural changes in the GST rules, including levy of interest for wrongful utilisation of ITC...

GST Council To Meet On June 28-29 In Srinagar

New Delhi- The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on June 28 and 29 in Srinagar. “The 47th meeting of the GST...

Yours Network Moves to Litecoin, Plans Full Launch on May 30

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

About Rs 400 Cr Tax Deposited By Filing Updated ITRs So Far

New Delhi- The recently introduced provision of allowing taxpayers to update their tax returns has seen as many as 5 lakh re-filings with about...