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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.

Ahmedabad ITAT Cleared 628 Pending Appeals Off its Desk

On August 13, 2019, the Ahmedabad bench of the Income Tax Appellate…

Businesses Receive Notices After Reporting 20% Revenue Fall

The tax department issues notice to GST-registered businesses who have reported a…
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New DTC: Speculated to Include Alternate Dispute Resolution Mechanism

More and more speculations are surfacing as the submission date for the…

CBDT Exempts Startups from Angel Taxes on Share Premiums

A recent move ensures that genuine entrepreneurs will not be affected by…

Sops to the auto industry unlikely

The government may be unlikely to offer Goods and Services Tax (GST)…

RBI slashes repo rate to improve economy output and boost consumption

The Reserve Bank of India (RBI) has brought the repo rate down…

Sharp Decline in Automobile Sales Puts Dealers in a State of Despair

There has been a decline in the sales of automobiles in India…

Reducing Corporate Tax Can Help India Achieve a $5 Trillion Economy

Before the Union Budget 2019-20 presentation by the Finance Minister Nirmala Sitharaman,…

Centre Rolls Out Measures to Control Slowdown in the Economy

Nirmala Sitharaman, the Finance Minister of India, has reportedly rolled out measures…

TDS impact on life insurance maturity proceeds from 1 September 2019

The Union Budget 2019 has amended the TDS (tax deduction at source)…