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.

Mandatory Disclosures in ITR Filing

The extended income tax return filing due date for FY 2020-21 is…
  • Jyoti Arora
  • Posted on

RBI to Limit Weak NBFCs to Avoid Busts

It has been almost two decades since the corrective action framework was…
  • Bhavana PN
  • Posted on

Centre Owes States Rs.37,134 Crore GST Compensation for FY 2020-21

The Central Government owes the states Rs.37,134 crore in Goods and Services…

Upcoming 46th GST Council meeting scheduled next month in the new year 2022

The GST Council has planned to hold the next GST Council meeting…

LIC Introduces Individual Savings Life Insurance Plan

On Monday, the Life Insurance Corporation of India (LIC) introduced a non-participating,…

Taxes one has to pay when making money online

Online businesses are booming and gaining popularity not alone in India but…
  • Jyoti Arora
  • Posted on

Bank Deposit Insurance Cover Increased to Rs 5 Lakh, Refund in 3 Months

More than one lakh depositors have received their refund in the last…
  • Bhavana PN
  • Posted on

AAR: Unbound Kids Picture Books to Be Subjected to 5% GST

The Madhya Pradesh GST Authority for Advance Rulings (AAR) has ruled that…

Imports Make Up 86% Of India’s Gold Supply From 2016-2020

On Thursday, the World Gold Council (WGC) issued a report stating that…
TDS return

Claim TDS Deducted by the Employer but Not Paid to Government

In 2018, the income tax department reported an Rs.3200 crore scam where…