18% GST Levy Met With a Cold Reception by Ice Cream Parlours

Earlier this month, the government had issued a clarification stating that the…

Dearness Allowance Increased to 31% for Central Government Employees

With effect from 1 July 2021, the Dearness Allowance (DA) concerning Central…

SBI: Change in ATM Withdrawal System

The State Bank of India (SBI), on 24 October 2021, published a…

Telangana AAR: Sale of land with civil structures attracts GST

The Telangana Authority of Advance Rulings (AAR) has issued an advance ruling…

Joint ownership of a house property has additional tax benefits

Buying a house property is everyone’s dream. There are various income tax…

Finance Minister Reviews CAPEX for Civil Aviation and DoT

On Monday, the Finance Minister, Smt. Nirmala Sitharaman reviewed the progress of…

Tamil Nadu AAR: No ITC Claim on Inputs Procured for Promotional Scheme

The Tamil Nadu Authority of Advance Ruling (AAR) ruled that the Input…

Are tax-saving infrastructure bonds tax-free? See how they are taxed

Tax-saving infrastructure bonds are issued by the government and enjoy a deduction…

Safeguard Yourself Against These Common Financial Frauds

If you have spent the greater part of the last decade transacting…
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Can you claim ITC of FY 2020-21 now?

The Input Tax Credit (ITC) claim forms an essential task in tax…