Tax Exemption

CAIT Requests Government to Extend Due Dates by Three Months

The Confederation of All India Traders (CAIT) has urged the government to…

COVID Second Wave: State’s Lockdown might Reduce

The Goods and Services Tax (GST) collections may see a drop of…

FISME: e-Invoicing Might Be a Challenge for Small and Micro Businesses

The Central Board of Indirect Taxes and Customs (CBIC) made e-invoicing mandatory…

GST Compensation: Centre Releases Rs.30,000 Crore

The Ministry of Finance released a press note stating that the Central…

CAG Report: Fix a Definite Time Frame to Rollout Simplified GSTR System

The Comptroller and Auditor General (CAG) of India found that the Goods…

e-Invoicing Initiative Ends the Under-reporting of Sales Turnover

The extension of the e-invoicing initiative to entities with Rs.50 crore concludes…

GST Collections Crossed Rs.1 Lakh Crore, Fifth Month in Row

Goods and Service Tax (GST) collections for February 2021 stood at Rs.1,13,143…

Food Industry Asks For GST Reduction on Branded and Packaged Snacks

The food processors have asked the government to reduce the Goods and…

CBIC Extends Time Limit for Claiming IGST Refunds

The Central Board of Indirect Taxes and Customs (CBIC) has extended the…

Tax Payment Options Under QRMP Scheme

The Quarterly Returns and Monthly Payment of Tax (QRMP) scheme was implemented…