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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.

Know how to report intraday gains and losses on stocks

Investments in the equity market can be either held as ‘capital asset’…

RBI Decides to Transfer Rs.99,122 Crore as Surplus to Government

The Reserve Bank of India (RBI) approves transferring Rs.99,122 crore as surplus…

Pandemic causes May 2021 collections likely to dip by 30% compared to April

The monthly GST collections touched an all-time high for April 2021, recording…

IGST exemption on Import of Oxygen Concentrators for Personal Use

The 43rd GST Council meeting scheduled on 28th May 2021 might decide…
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U.S imposes tax policy for reporting crypto transactions to IRS

Internal Revenue Services (IRS) is a United States government agency responsible for…
Tax Exemption

IT Department Issues Refund of Rs.24,792 Crore

The income tax department had disclosed that it had issued over Rs.24,792…

IDBI Bank Introduces Digital Loan Processing System for MSME

On Wednesday, IDBI Bank Limited announced its launch of a completely digital…

Upcoming 43rd Council meeting to deliberate including Natural Gas under GST

The GST Council may potentially consider levying the Goods and Services Tax…
Tax Exemption

CBDT extends the due dates of certain direct tax compliances

CBDT has acted proactively by extending the major tax filing due dates.…

Ministry of Corporate Affairs provides Lists of Forms Eligible for Fee Waiver

The Ministry of Corporate Affairs (MCA) provided a list of forms granting…