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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.

Impact of COVID-19 and New Tax Regime on the Life Insurance Sector

As per the data published by the Insurance Regulatory and Development Authority…

States Seek to Extend GST Compensation to Combat COVID-19 Crisis

The states Punjab, Kerala and New Delhi are seeking the Central Government…
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The government deliberates a six-month GST relaxation for some sectors

The Indian government is considering several GST relief goodies to revive the…

AAR Stated That Sub-Leasing Services Will Come Under GST

The Karnataka State Advance Authority Ruling (AAR) recently stated that a tenant…
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The Corona Fallout: GST Collections of April 2020 to See an All-Time Low

The Coronavirus has already taken the stock markets, Indian businesses, and the…

RBI allows for the issue of electronic cards to personal overdraft accounts

At present, banks can issue debit cards to customers with a savings…

COVID-19: Infosys Working at Full Pace on GSTN Enhancement Project

Infosys is highly mobilised on the GST Network enhancement project, and work…
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GSTR-9

GSTN launches PMT-09 and opens EVC option for filing GSTR-3B

The Goods and Services Tax Network (GSTN) has recently introduced some critical…

COVID-19: No GST Exemption on Masks, PPEs and Ventilators

It is unlikely that the government would exclude GST on medical products…
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New ITR forms to enable a claim of tax benefits up to 30 June 2020

The government will notify revised ITR forms for filing income tax returns…