Gujarat AAR: Canteen Services for Employees Does Not Attract GST

The Gujarat Authority for Advance Ruling (AAR) ruled that Goods and Services…

Government Sets up Expert Panel to Review Tobacco Tax Policy

The Union Ministry for Health and Family Welfare has set up an…

Income tax: Know the rules of clubbing income

The clubbing of income in the Income Tax Act means to include…

Incurred Loss in the Stock Market? Here Is How You Can Set Off the Loss

The volume of investment in the stock market has increased multifold with…

Government may relax the GST rules for re-exporting leased aircraft

The Government of India may revisit the GST rules that negatively impact…

Few Central Government Employees to Receive Ad-hoc Bonus

The Central Government approves the Non-Productivity Linked Bonus (Ad-hoc Bonus) equal to…
Gold rate

Gold Imports Increases Multifold To USD 24 Billion in Apr-Sep

According to data from the Commerce Ministry, the gold imports increased to…

Tax You May Need to Pay on Gifts This Diwali

Beginning October, the festive season from Dussehra to Diwali comes with celebrations,…

GSTN Clarifies Timeline for Claiming ITC for FY 2020-21

Section 16(4) of CGST Act, 2017 states that taxpayers shall not take…

Got foreign assets? You must file ITR

Income Tax Act makes it mandatory for the ‘resident’ individuals to file…