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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.

FAQs on GST applicability on ‘pre-packaged and labelled’ goods

The Finance Ministry issued a set of frequently asked questions on the…

Karnataka AAR: Selling Website Space for Advertisement Attracts 18% GST

The Karnataka bench of Authority for Advance Ruling (AAR) has ruled that…
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ITR filing: Which ITR form must be filed by sole proprietorship businesses

The Income Tax Return (ITR) filing deadline for the financial year 2021-22…

GST Rate hike notified by CBIC! Some daily commodities to be costlier from 18th July

You must gear up for increased prices of certain essential commodities and…

GoM to Finalise GST Rate on Casino, Online Gaming, and Horse Races

The Group of Ministers (GoM) formed on online gaming, horse racing, and…
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Retail Inflation Eased to 7.01% in June

According to government data, India’s retail inflation eased to 7.01% in June…

CBIC Chairman says: Next e-Invoicing phase to begin from the 1st of January 2023 for above 5Cr turnover

Central Board of Indirect Taxes & Customs (CBIC) Chairman Vivek Johri has…

CBIC to Rollout SOP for Issuing GST Notices & Summons

Central Board of Indirect Taxes and Customs (CBIC) is planning to roll…
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Gold Prices Dip Due to Soaring Dollar Index

On Monday, the gold price dipped on the Multi Commodity Exchange (MCX)…

RBI Market Operations Assisted Banks in Funding During the Pandemic

The Reserve Bank of India’s (RBI) market operations aided banks in balancing…