Kerala HC: Transitional ITC cannot be denied under GST if non-filing was due to technical glitches

The Kerala High Court dismissed an appeal filed by the GST department…

Can salaried individuals take NPS deduction in the new tax regime?

The taxpayers can choose between the new tax regime or the old…
Tax Exemption

Income tax benefit on pre-payment of home loan

You have been frugal, saving money for a long time and plan…

Company Spending for COVID Vaccines Considered as CSR

The Ministry of Corporate Affairs (MCA) issued a circular stating that the…

GST collections rise to Rs.1.16 lakh crore in July 2021

The gross Goods and Services Tax (GST) revenue collected in July 2021…

Google to Pass on Equalisation Levy to Clients

From October, Google will pass on the 2% equalisation levy to clients…

GSTN to release developer APIs on 1st August for GSTR-9C self-certification

Out goes the GST audit, and in comes the self-certification in Form…

Consistent spike in crude oil prices hurting India’s economic recovery

Crude oil prices have constantly spiked due to OPEC’s supply restraints (Organisation…

Cabinet Approves Amendments to LLP Act

On Wednesday, the Union Cabinet approved the amendments to the Limited Liability…