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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.

ICAI requests the government to bring back the annual GST audit rule

The Institute of Chartered Accountants of India (ICAI) has asked the Indian…

CBIC’s New Initiative to Enhance Revenue Collections

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

Who can file ITR after the due date without a penalty?

The due date to file ITR for the F.Y. 2020-21 for individuals…
SEBI

SEBI to issue notices and orders through instant messaging platforms like Whatsapp, Telegram

The Securities Exchange Board of India (SEBI) will now use instant messaging…

India’s Gold Import Bill in 2021 Stands at $55.7 Billion

The gold import bill stood at $22 billion in 2020; it has…
  • Bhavana PN
  • Posted on

GSTN issues guide to report Section 9(5) supplies by e-commerce operators in GSTR-3B

The Goods and Services Tax Network (GSTN) issued a GST advisory on…

GST Intelligence Department Investigates Top Crypto Exchanges

The indirect tax department initiated investigations against a few crypto exchanges for…
  • AJ
  • Posted on

RBI Caps Offline Payments at Rs.200 Per Transaction

On Monday, the Reserve Bank of India (RBI) issued a framework capping…

Food Aggregators Like Zomato, Swiggy to Collect 5% GST

Food aggregators like Zomato and Swiggy will collect and deposit tax at…

GST collections for December 2021 recorded at Rs.1.29 lakh crore

The Goods and Services Tax (GST) collected in December 2021 was Rs.1,29,780…