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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.

World Bank Grants Approval of a $500 Million Programme to Support MSMEs

The World Bank approved a $500 million programme for providing support to…

Double TDS applicable to some taxpayers from 1st of July

Finance Act 2021 introduced a new section 206AB which mandated higher TDS…

CBIC Releases Notifications on GST Due Date Extensions

The CBIC has released notifications extending the due date for various GST…

Bitcoin Fell to Its 3-Week Low as IRS Looks to Tighten Reporting Norms

The latest move by the Internal Revenue Service (IRS) has led to…

FM Asks Insurers for Speedy Settlements Under PMJJBY and PMSBY

The Finance Minister, Smt. Nirmala Sitharaman conducted a review meeting through video…

Improved APIs in version 1.04 will be released on the IRP on 10th June 2021

The e-invoice portal has a new update regarding the e-Invoice API version…

The new GST Amnesty scheme gives rise to ITC anomaly

The CBIC has notified on 1st June 2021 to implement the GST…

Government Constitutes Expert Group for Fixation of Minimum Wages

The Parliament passed the Code on Wages in August 2019. The Code…

GST Council Fixes ITC Problems of Land Owner Promoters in JDAs

The 43rd Goods and Services Tax (GST) Council has decided to amend…
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RBI Governor Shaktikanta Das Announces the Monetary Policy 2021

Reserve Bank of India’s Governor, Mr Shaktikanta Das, addressed the press today…