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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.

Composition taxpayers to raise tickets to resolve negative liability issues in CMP-08

The GST Network (GSTN) has issued an advisory on 22nd July 2021…

IBBI Amends Insolvency Regulations to Enhance Transparency

The Insolvency and Bankruptcy Board of India (IBBI), on Wednesday, notified the…
Tax Exemption

New IT portal probable to work fine from August 2021

The income tax department had launched the new e-filing portal on 7th…

Central Government started reviewing legal issues in GST

The Central Government has started a comprehensive review of the Goods and…
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CBIC: Extension of the limitation period applies only to judicial orders

The CBIC issued a new circular no. 157/13/2021 on 21st July 2021.…

GST compensation: More than 81,000 crore is due to states for FY 2020-21

The Minister of State for Finance, Mr Pankaj Chaudhary, said that more…
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CBDT further extends Form 15CA/CB dates

The income tax department has been working on fixing the issues faced…
Tax Exemption

9 Investments and Payments That Will Help a Salaried Individual Save Tax This Year

July is an important month for Indian taxpayers as they get around…

What is the TDS provision for rent paid by individuals above Rs 50,000?

Many people are unaware of TDS provisions while paying rent on the…

Government Collects Rs.2.41 Lakh Crore From Income Tax in Q1

The Finance Ministry stated that the government collected over Rs.1.01 lakh crore…