5 Changes From 1 December That Will Impact Common Man

Five significant changes are to happen from the 1st of December 2021.…

Direct Tax Revenues Increase by 68% to Rs.6.92 Lakh Crore

Between 1st April and 23rd November 2021, the net direct tax collections…

Bring in a Three-rate Tax Structure Under GST: NIPFP

The GST Council constituted a Group of Ministers (GoM) in the 45th…

ITR Filing: How to fix errors in your Annual Information Statement (AIS)?

Earlier this month, the income tax department launched a new Annual Information…

India and US Reach Settlement on 2% Equalisation Levy

On Wednesday, India and the US agreed to settle on a 2%…

Center Announces Uniform GST Rate for MMF Textiles

The Central Government has notified the uniform Goods and Services Tax (GST)…

Fitment Committee Proposes Higher GST Slabs at 7% and 20%

In the 45th GST Council meeting, the Council decided to set up…

Government Releases Rs.95,082 Crore as Tax Devolution to States

On Monday, the Central Government released two instalments of tax devolution amounting…

New Government Bill Seeks To Ban All Private Cryptocurrencies in India

The government will be introducing the ‘Cryptocurrency and Regulation of Official Digital…

RBI cautions against cooperative societies not authorised for banking business

The Reserve Bank of India (RBI) has alerted citizens against cooperative societies…