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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.

Karnataka AAR: GST Not Applicable on Services Provided To Horticulture Department

The Karnataka Authority of Advance Ruling (AAR) ruled that the services provided…
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Government Notifies Consolidated Overseas Investment Rules

The Finance Ministry notified the consolidated rules for overseas investment by Indian…

Finance Ministry: No Plan to Impose GST on UPI Services

The Ministry of Finance (MoF) has clarified that they are not planning…
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You may be under the radar of the Income Tax department for paying cash in hospitals

To prevent tax evasion, Income Tax officials have kept an eye on…

Government Amends Books of Accounts Rules Applicable for Companies

The government amended the rules relating to maintaining books of accounts by…

CBIC: No need for summons seeking documents already available on the GST portal

The Central Board of Indirect Taxes and Customs (CBIC) observed certain discrepancies…

Kerala Govt. Launches’ Lucky Bill App’ to Curb GST Evasion

First time in India, the Kerala government launched an app to curb…
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What are revised, belated, and updated Income Tax Returns?

The deadline to file your Income Tax Return (ITR) for AY 2022-23…

Commerce Ministry Suggests Various Incentives to Revamp SEZs

The government’s plan to revamp the Special Economic Zones (SEZs) may start…

The government plans to establish a simplified tax system

Sources said that the finance ministry would soon review the exemption-free new…