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.

Rs.78,704 crore GST compensation dues pending for FY 2021-22

The Central Government is yet to release Rs.78,704 crore of Goods and…

GST Council asks states’ opinion on GST Rate hikes for 143 items; Centre denies reports

The GST Council that recommends, the authority that suggests rate rationalisation, has…

CBIC To Scrutinise 50,000 Taxpayers & Proposed Quarterly Scrutiny of Returns

The Central Board of Indirect Taxes and Customs (CBIC) has proposed mandatory…
  • AJ
  • Posted on

GST authorities warned foreign tech firms about GST implications to avoid not-so-good surprises

The Central Board of Indirect Taxes and Customs (CBIC) have recently started…

Finance Minister Pitches for Global Plan to Help Post-COVID Recovery

The Finance Minister, Nirmala Sitharaman, called for a global action plan to…

Telangana AAR: Liquidated Damages & Penalty for Contractual Violation Attracts GST

The Telangana State Authority for Advance Ruling (AAR) has held that the…
  • AJ
  • Posted on

CAIT asks Union FM to include medicine and education under GST exemption

With the rising speculations of a possible GST rate hike next month,…

Financial Conditions to Tighten in the Coming Weeks

Domestic financial conditions will probably tighten in the upcoming few months because…

New Business Premium Income of Insurance Companies Rise by 13%

The Insurance Regulatory and Development Authority of India (IRDAI) data released on…

Gujarat HC Directs Department to Finalise Assessment within Two Months

The Gujarat High Court has recently directed the Goods and Services Tax…
  • AJ
  • Posted on