Browsing Category

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.

Working and earning abroad? Know the income tax rules

An Indian, who is on deputation overseas or has settled abroad, needs…

Quality Assessment Training to identify tax evasions

The income tax (IT) department is on a quest to enhance the…

IT department suspects Misuse of Tax Exemption on Agriculture Income

The primary occupation in India is agriculture. The government comes up with…

Government to grant Rs 2.4 lakh tax benefit to first-time homebuyers

The Indian government will allow first-time homebuyers to enjoy a tax benefit…

GST officials seek clarity on ‘power to arrest’ from Supreme Court

The tax officials petitioned the Supreme Court to get clarity on ‘power…
GSTR-9

Key areas of new indirect tax system require immediate attention

The idea of GST was to transform India into a single market.…

GST rate cuts are unlikely to happen prior to Budget 2019-20

Over the last two months, the GST collections have exceeded the 1…

Is income tax applicable on Bonus Income?

Did you know that tax deductions don’t apply for the incentives and…

Things you should know about filing tax returns this season

The tax filing season has begun. Taxpayers are required to file their…

SC dismisses the petition against HC verdict to arrest GST evaders

The Supreme Court (SC) rejected a petition challenging the Telangana High Court…