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Economy

2096 posts

Stay updated on direct tax and indirect tax, income tax returns, GDP, government policies and schemes, and breaking news on due dates and extensions.

Tax Exemption

Gift Vouchers and Cashback Rewards From Digital Transactions Can Attract Income Tax

The use of digital payments has increased very significantly. Also, the use…

RBI sets up new Regulations Review Authority (RRA 2.0)

The Reserve Bank of India (RBI) had initially set up a Regulations…
Tax Exemption

High-value transaction that can invite income tax notice for you

The income tax department tracks all your high-value transactions through various sources.…

COVID Second Wave: State’s Lockdown might Reduce

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

Tax deducted on dividend income – How to get relief if income is below the basic exemption limit?

The income tax department has upgraded Form 26AS to simplify the return…

BIS announces initiatives for ease in compliance of industries and startups

The Bureau of Indian Standards (BIS) announced many new initiatives on Tuesday.…
Gold rate

Buying Gold? Here is the GST Impact on Various Forms Gold Purchases

Indians have a long-standing history with gold, making jewellery purchases or making…

2nd Wave of COVID-19: How Should You Invest?

The second wave of COVID-19 is here. It has injected volatility into…
Tax Exemption

Tax Implications Of Intraday Trading Of Shares

Intraday trading of stocks means buying or selling shares within a day.…

GSTN issues fresh clarification on the reporting of HSN codes in GST invoices

The GST Network (GSTN) has issued a new clarification on 12th April…