IT department to allow payment of tax assessment demands in instalments

The income tax department had raised tax demands in the tax assessments…

Now, pay a single premium for multiple cars you own

Owners of multiple vehicles will soon be able to pay a single…
GST

Government makes an upward revision to the GST revenue targets

The Ministry of Finance has raised the bar for the GST collections…

Brace for Increased Mobile Bills as Telecom Firms Have No Choice But to Hike Tariffs

The telecom companies recently gave a shock to more than a billion…

Issuing E-Invoices Under GST – May Not Be Mandatory for Banks and Telcos

In a recent development, institutions such as banks, airlines, armed forces, insurance…
Tax

Government considering 2-year holding period for LTCG tax

The government is seeking advice from tax experts on the long-term capital…
Corporate tax

Two-level Revisional Authorities set up under GST law

The Goods and Services Tax (GST) has evolved over the last three…

Credit Balances Grow Amid the Economic Slowdown

India is reportedly witnessing an increase in consumption of lending products such…

RBI Issues New Guidelines for Debit and Credit Card Companies

As per the guidelines of the Reserve Bank of India (RBI), credit…