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Economy

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

Offshore e-Commerce Firms With Permanent Establishment Are Exempt From Digital Tax

As per the recent clarification on the digital equalisation levy, the offshore…

No extension of loan moratorium, interest waiver not possible

The Supreme Court passed judgement on the loan moratorium case on Tuesday.…

Comprehensive vs Bumper-to-Bumper Car Insurance: Which Option Should You Get?

Let’s imagine a situation. You’ve just invested in a brand new vehicle…

Do you want to switch to the composition scheme for FY 2021-22?

The GST Network (GSTN) has released a fresh advisory for taxpayers opting…

Govt Introduces National Bank for Financing Infrastructure and Development Bill

The government introduced the National Bank for Financing Infrastructure and Development Bill,…

Key Facts About Vehicle Scrappage Policy

The Voluntary Vehicle-Fleet Modernization Program (VVMP) is introduced to eliminate 10 to…

Taxpayers can use ITC for March 2021: FinMin

According to recent development, the Finance Ministry clarified on Saturday, 20th March…

IRDAI states that Insurers cannot modify existing benefits in health policy

The Insurance Regulatory Development of India (IRDAI) issued circular barring insurers to…

Fresh e-Invoicing guideline for taxpayers with turnover ranging from Rs.50 crore to Rs.100 crore

NIC has released fresh guidelines with less than a fortnight left for…

Fate of NPAs Likely To Worsen in the Initial Six Months of 2021

Asset quality of banks had seen a slight improvement in the second…