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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.

Karnataka AAR: No GST on Executive Director’s Remuneration

The Karnataka Authority for Advance Ruling (AAR) notified on 04 May 2020…
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GSTR-6 functionality upgraded to allow reporting of negative figures

Last week, the Goods and Services Tax Network (GSTN) introduced a new…

COVID-19: GSTN Alerts Taxpayer About Fake Messages on GST Refund

Few websites have unlawfully claimed that they process Goods and Services Tax…
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GSTR-9

CBIC issues Circular No. 3, Clarifies GST Compliance Extensions

Goods and Services Tax (GST) act, rules, and amendments thereof are placed…

How the Centre Could Provide Stimulus to COVID-19 Battered Economy

With the Indian economy battered by the ongoing coronavirus pandemic and the…

COVID-19: CBIC Further Extends the Timelines for GST Compliance

The Central Board of Indirect Taxes and Customs (CBIC) has extended the…
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NRIs extending their stay in India may get taxed in India

The lockdown and suspension of international flights have resulted in NRIs extending…

GSTN addresses 56,690 issues on helpdesk; flags fake refund solicits

The Goods and Services Tax Network (GSTN) had recently ramped up its…

COVID-19: Sharp Decline Expected in April & May 2020 GST Collections

The e-way bills are required for transporting goods worth more than ₹50,000…
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Customs & Excise Hearings to be Conducted via VC

In one of the biggest challenges of recent times, several authorities in…