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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.

GST

GST Revenue Collection Declines by 5.3% in October

October has been the third continuous month wherein GST collection has remained…
  • Bhavana PN
  • Posted on

Government may meet fiscal targets despite lower tax revenues

Budget 2019 has set the fiscal deficit target at 3.3% of the…

FinMin in Talks With US Treasury Secretary Over Trade War

Finance Minister, Nirmala Sitharaman was in talks with the US Treasury Secretary,…

Centre to Announce Amnesty Scheme for Gold Soon

In a move to allow hoarders to come clean on gold investments…

Taxpayers Face Uncertainty Around the New GST ITC Rule

Earlier this month, a new rule concerning Input Tax Credit (ITC) claims…
  • Bhavana PN
  • Posted on

24K Gold Rate in India for October 2019: Week 4

When trading began for the penultimate week, the gold rate in India…
Tax

Government may withdraw DDT and revamp capital gains

The Finance Ministry, along with the Prime Minister’s Office (PMO) is considering…
GST Revenue

ATF and Gas Might Be Added under the GST Bracket

According to financial sources, chances of including Aviation Turbine Fuel (ATF) and…
  • Bhavana PN
  • Posted on

Service Tax Cannot Be Levied on Clubs, SC Verdict

In a recent verdict by the Supreme Court, the Court upheld that…

Alternative medicine under Ayush to be included under PMJAY

Ayush consists of Ayurveda, Yoga, Unani, Siddha and Homeopathy forms of treatment.…