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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.

5 Other Ways To Avoid Tax If Section 80C Limit Exhausts

The most popular 80C deductions taken for tax rebate have a limit…

e-Invoicing to Apply to Businesses With Turnover Exceeding Rs.50 Crore

The CBIC has released a notification on 8th March 2021 confirming that…

EPFO retains an interest rate of 8.50% to its subscribers for FY 20-21

The Central Board of Trustees, Employees Provident Fund (EPF) held a meeting…
GSTR-9

GSTR-1: Portal updates to Table 12 due to changes in HSN code

The GST Network (GSTN) has introduced an important change for all the…
Aadhaar Update

Failing To Link Aadhaar Number With PAN May Lead To Penalty

The government has set the deadline of 31st March 2021 to link…

NRIs to Submit Information Relating to Double Taxation

Several Non-resident Indians (NRIs) and foreign citizens who had visited India in…

Fintechs to Accelerate Revenue Plans With Growing Costs

Digital payments companies may be compelled to accelerate their revenue streams since…

Government Decides to Make Cryptocurrency Ban Explicit

The Reserve Bank of India (RBI) has always been wary of accepting…

Repeal of annual GST audit can help businesses save up to Rs.30,000 crore

GST audit requirement has been removed from the CGST Act by an…

Bank credit to MSME increased by around 6% in December

The Reserve Bank of India (RBI) released February 2021 Bulletin on 28.02.2021.…