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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.

Tax Exemption

Section 206AB and Section 206CCA: Compliance Check Functionality Introduced

To help the tax deductor or the collector comply with two new…

GST Authorities Unearth Rs.40 Lakh Cash in a Tax Fraud in Ludhiana

During investigations of a nearly Rs.400 crore tax scam in Ludhiana, Goods…

Summary of Recent CBIC Circulars on GST Applicability

The Central Board of Indirect Taxes and Customs (CBIC) has issued several…
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Know Dividend Income Disclosure Requirements for FY 2020-21

The taxability of dividends with effect from the financial year 2020-21 is…

Indian Economy Unlikely to See a V-Shaped Economic Recovery

The Indian economy saw its worst contraction on record in 2020-21 at…

Ministry of MSME Extends Validity of Udyog Aadhaar Memorandum

The Ministry of Micro, Small and Medium Enterprises (MSME), on Thursday, extended…
GSTR-9

AAR Rules That BEST is Liable to Pay 12% GST to AC Bus Operators

Brihanmumbai Electricity Supply and Transport, popularly known as BEST, is the electricity…

India Extends $100 Billion Financing to Sri Lanka; Encourages Renewable Energy Sector

India has extended a line of credit of $100 million to Sri…

A Rise in e-Way Bills Indicates Increased GST Collections in July 2021

The Goods and Services Tax (GST) revenue collections will likely start improving…
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COVID-19 Pandemic: SEBI Eases Vesting Period Restrictions on ESOPs

The Securities and Exchange Board of India (SEBI), the Indian market regulator,…