Dearness allowance

Government Releases Circular Clarifying Rules of Provisional ITC

The CBIC released a notification on the 9th of October, 2019 stating…
Corporate tax

CBIC Mandates Quoting of DIN in Communication to Taxpayers, Others

The Central Board of Excise and Customs (CBIC) will hereafter use a…

Service Tax Cannot Be Levied on Clubs, SC Verdict

In a recent verdict by the Supreme Court, the Court upheld that…

Good News for Hotel Customers as GST Refunds Initiated

The 37th GST Council meeting held in September in Goa yielded several…
GST

Enterprises May Need to Revamp ERP Systems to Prepare for New GSTR

The new GST return system will be introduced with several changes as…

RBI Raises PMC Bank Withdrawal Limit to Rs.40,000

The RBI has hiked the withdrawal limit for Punjab and Maharashtra Cooperative…
Dearness allowance

What If GSTR-3B Is Given Return Status with Retrospective Effect

In one of the latest notifications released on 9th October 2019, the…
Corporate tax

GSTN to Release a New Interface for Filing Returns This Month

To simplify the return filing process under GST, the GST Network (GSTN)…
GST Revenue

7% of Taxpayers to File Monthly, 70% to File Quarterly

Under the new GST return system, as few as 7% of the…

E-Wallets to Be Created Soon to Distribute Subsidies to Farmers

To speed up the disbursal of fertilizer subsidies, the Prime Minister’s Office…