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Economy

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Stay updated on direct tax and indirect tax, income tax returns, GDP, government policies and schemes, and breaking news on due dates and extensions.

GST Revenue

CBIC Issued Instructions on Sanction, Post-Audit, and Review of Refund Claims

The Central Board of Indirect Taxes and Customs (CBIC) issued instructions concerning…
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FMCG Prices Increase 10% Due to Price Rise in Raw Materials

On Tuesday, Kantar, a leading data, insights and consulting company, stated that…

CBIC Cheif: Council Decides on Extension of Compensation Cess Beyond June 2022

The Central Board of Indirect Taxes and Customs (CBIC) chairman Mr Vivek…
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Rs.1.4-1.5 trillion is the average monthly GST collections for FY 2022-23

The Revenue Secretary Tarun Bajaj has stated that they expect an average…

RBI doubles the limit of individual housing loans extended by cooperative banks

The RBI raised the upper limit of the home loans provided by…

Plans to set up a GST dispute resolution system in progress

The Union Ministry of Finance is formulating a plan for introducing a…

India’s Gold Imports Shoot by 677% in May

India’s gold imports in May rose 677% versus a year ago to…

RBI Raises the Repo Rate by 50 bps

The Reserve Bank of India’s Monetary Policy Committee (MPC) has hiked the…

Gujarat AAR: Sale of Used Car Attracts 18% GST

The Gujarat Authority of Advance Ruling (AAR) has ruled that 18% Goods…
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Finance Minister Releases Revenue Deficit Grant of Rs.7,183 to 14 States

On Monday, the Finance Ministry released the third instalment of the revenue…