IT rules specify allowances for employees choosing new tax regime

The new tax regime is effective from FY 2020-21. Employees choosing the…

IRDAI Releases the Final Guidelines for COVID-19 Health Policies – Part 1

After a long wait, the Insurance Regulatory and Development Authority of India…
GSTR-9

CBIC has notified an extension of two months to various GST compliance

The government of India has notified yet another extension for the completion…

Closing Bells: Both Sensex and Nifty End the Day Nearly 1% Higher

The Indian benchmark indices have closed the week on a good note.…

In a Historic Move, Private Sector Participation Now Approved in the Space Sector

In a step forward for India’s Space Agency, the Union Cabinet chaired…

Real estates to pay GST on shortfall in input procurement before 30 June

The real estate companies are allowed to opt for lower Goods and…

Facebook To Provide More Context on Posts Related to COVID-19

Facebook is planning to add notifications concerning the source of COVID-19 related…

Summary of CBIC notifications dated 24th June 2020 on GST extensions

The CBIC issued several GST notifications on 24th June 2020. Here’s the…
TDS return

Tax Query: Are rental payments liable to tax deduction at source (TDS)?

I am salaried, and I pay rent of Rs 35,000 per month…

Due Dates of These 10 Financial Activities Have Been Extended

The outbreak of COVID-19 pandemic and the nationwide lockdown has flipped our…