Government set up startup advisory council with eminent venture capitalists

A committee or a startup advisory council set up would provide measures…

ITR-1 and ITR-4 forms notified for AY 2020-21 for resident individuals

The Central Board of Direct Taxes (CBDT) has notified ITR-1 and ITR-4…

Government releases Rs 35,298 crore GST compensation to states

Under the Goods and Services Tax (GST) law, the centre would compensate…

Government seeks assistance to boost investment and economic growth

The government is seeking active participation from 25 large corporate houses to…

New rules for payment of gratuity under Code of Social Security Bill 2019

The Code of Social Security Bill, 2019 introduced in the Lok Sabha…

Deposit PPF even at a non-post office home branch

Investors can deposit through a cheque of any amount into their small…

India’s Data Protection Bill regulates collection and use of personal data

India’s draft personal data protection 2019 proposes strict provisions for the processing…
Financial technology

Do foreign technology companies pay their fair share of tax on their business activities?

The advent of technology has given rise to the digital platform and…
HRA

Salaried Employees Can’t Claim Both Deductions Under Section 80GG and HRA

The income tax department has sent notices to many salaried employees to…
RBI

RBI deputy governor directs banks to monitor mudra loans

Banks lend uncollateralised loans under the Pradhan Mantri Mudra Yojana (PMMY). To…