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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.

Lok Sabha passes Consumer Protection Bill

The Consumer Protection Bill, 2019 was passed by the Lok Sabha today.…

Gujarat HC: Orders Centre to Pay Export Refunds With 9% Interest

The Gujarat High Court (HC) orders the Central Government as well as…

Is a finance bill a money bill?

The recent article by P. Chidambaram titled ‘Across the aisle: Unconstitutional and…

IT department updates the income tax return forms 2 and 5 again

The income tax department has recently made further changes to the income…

Gold Rate in India: Weekly Analysis (22-Jul-2019 to 28-Jul-2019)

Gold opened for the week in India with the metal trading firm…

Government Makes Clarifications w.r.t. Annual Returns

Taxpayers have raised several queries to the Indian government concerning the annual…

GST rate cuts on electronic vehicles, CMP form filing extensions

The GST Council finally met on 27 July 2019 (Saturday) after postponing…

New CoO to Focus on Risk-Based Management of GST Taxpayers

As per the Office Memorandum (OM) dated 15 July 2019, a Committee…

Is the extra Rs 1.5 lakh deduction for home loan announced in Budget 2019 useful?

Mr Ravi wanted to purchase a house property worth Rs 45 lakh…

CBIC Clarifies GST on Maintenance Charges in Housing Societies

The CBIC has issued a new circular to clarify the applicability of…