GST collections in April 2021 at an all-time high of Rs 1.41 lakh crore

GST receipts reached a monthly high of Rs.1.41 lakh crore in April…

IRDAI Instructs Insurers to Authorise COVID-19 Claims in Less Than 1 Hour

Previously, settlement of COVID-related insurance claims was getting delayed, due to which…
Tax Exemption

Documentation of the Gifts Received is Important for Tax Purpose

As per the Income Tax Act, any amount of money above Rs.…

CBIC Allows Verification of GST Returns Using EVC Mode Until 31st May

The latest notification released by the Central Board of Indirect Taxes and…

RBI Guidelines to Appoint Statutory Auditors for Banks and NBFCs

The Reserve Bank of India (RBI) has issued guidelines for the appointment…

CBDT has notified conditions for the pension fund

CBDT has been notified to amend the Rule 2DB (ii) and (iii)…

COVID-19 Severely Impacts the Livelihood of Lower-income Groups

The COVID-19 pandemic and the consequent lockdowns have hit the livelihood of…
Tax Exemption

CAIT Requests Government to Extend Due Dates by Three Months

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

The Oil Refineries Have Cut Run Rates and Deferred Maintenance Work

The increase in COVID-19 infections has resulted in a shortage of workers…

Commerce Ministry Starts COVID-19 Helpdesk for Resolving Import-Export Issues

The Directorate General of Foreign Trade (DGFT) and the Department of Commerce…