Union Finance Minister Says No to GST Exemption on COVID-19 Drugs and Vaccines

The Union Finance Minister Smt. Nirmala Sitharaman said that the Goods and…

CBDT allows cash payment of over Rs 2 lakh to hospitals for COVID treatment

The Central Board of direct taxes issued a notification last Friday which…

GST Network releases statement on new GST portal features deployed during April 2021

The GST Network has time and again released advisories and documents for…

Next GST Council meeting to be in May 2021; rate reductions and duty relaxations on essentials

Over the next few weeks, the Centre will call a meeting of…

Unemployment Spikes to 8% Due to COVID-19 Second Wave

Nationwide lockdown and limitations on mobility induced due to the COVID-19 pandemic…
Tax Exemption

Deadline for filing of belated and revised IT return for FY 2019-20 is extended

The income tax department has relaxed various timelines related to the tax…

IRDAI Instructs Insurers to Authorise COVID-19 Claims in Less Than 1 Hour

Previously, settlement of COVID-related insurance claims was getting delayed, due to which…

CBIC Allows Verification of GST Returns Using EVC Mode Until 31st May

The latest notification released by the Central Board of Indirect Taxes and…

Reduced Business Hours in Banks Due to Sudden Surge in COVID-19 Cases

A sharp increase in daily cases amidst the second wave of the…

India to Remove Custom Duty Charges on COVID-19 Vaccine Imports

Currently, the government charges a 10% customs duty plus a 16.5% IGST…