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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.

QCI Launches Scheme for Hygiene Rating Audit Agencies

The Quality Council of India (QCI) launched a Scheme for approval of…

GSTN Eases Taxpayer Compliance By Auto-Populating GSTR-3B Return

In a bid to ease taxpayers filing woes, the Goods and Services…

New Cheque Payment Rule Effective From January 1

Earlier this year, the Reserve Bank of India (RBI) rolled out the…
  • Bhavana PN
  • Posted on

ITR Filing Done So Far for AY 2020-21 & the Need for Extension in Deadline

The due date to file income tax returns (no tax audit cases)…
Tax

Implication of long-term capital gain tax for transaction in US stocks

Determining residential status Firstly, to determine the applicability of long-term capital gains,…

Direct Tax Vivaad se Vishwaas 2020- Is it effective?

Finance Minister Nirmala Sitharaman introduced “Vivaad se Vishwaas” also known as the…
  • Jyoti Arora
  • Posted on

Capital Expenditure of Rs.9,879.61 Crore Approved by FM

As a part of the Atmanirbhar Bharat stimulus package, the Finance Minister…

From now on, check variances in GSTR-3B before filing

Henceforth, the taxpayers will be alerted for any variances in their GSTR-3B…
GSTR-9

GSTR-3B Filing Defaults: Over 1.63 Lakh GST Registrations Cancelled

The Goods and Services Tax (GST) authorities have cancelled more than 1,60,00…
  • AJ
  • Posted on