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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.

Due date to file annual GSTR-4 for FY 2019-20 gets further extended

The government has further pushed the deadline to file the brand new…

CBDT Allows One-Time Verification of ITRs of the Past 5 Years

The Central Board of Direct Taxes (CBDT) has provided for a one-time…

GST NAA Penalised Prasad Cinemas for Alleged Profiteering

The Goods and Services Tax (GST) probe body stated that Hyderabad’s Prasad…
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Tax Deduction for Government Subscribers to Tier-2 NPS Accounts

The government recently notified Tier-2 NPS accounts as a tax-saving tool for…

Is GST Chargeable on the Club Membership Fee?

Recently, the Maharashtra Appellate Authority for Advance Rulings (AAAR) issued a contradictory…

Key Takeaways From PM Narendra Modi’s Address at India Global Week 2020

Prime Minister Narendra Modi addressed the inaugural session of India Global Week…

Code on Wages 2019 May Be Implemented By September 2020

The Central Government is speculated to implement a new set of rules…

SEBI and CBDT Signed MOU for Exchange of Information

The Securities and Exchange Board of India (SEBI) and the Central Board…
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Taking a Global Tour of GST Relief Measures in Response to COVID-19

Goods and Services Tax (GST) structure of taxation has been implemented in…

Private Players to Operate Passenger Trains in India – Railway Ministry

For the first time, the government welcomes private companies for operating passenger…