Gold Jewellery

24K Gold Rate in India for January 2020: Week 2

Trading opened for the week with the gold rate in India surging…

Amnesty Scheme Extended for GSTR-1 Non-Filers

The government has extended the last date for the GSTR-1 amnesty scheme…

GST to be Simplified Further Says Finance Minister

On Tuesday (7 January), Nirmala Sitharaman mentioned that the government would be…

RBI Approves Video-Based KYC to Verify Customer’s Identity

The Reserve Bank of India (RBI) has agreed to permit video-based Know…

CBDT grants relaxation on eligibility conditions of ITR-1 & ITR-4

The Central Board of Direct Taxes (CBDT) has granted relaxation in the…

Mutual Fund Outflow Touched Rs 61,809 Core in December

The overall outflow from mutual funds was a whopping Rs 61,809 crore…
Dearness allowance

Tax Query: Tax benefit on interest paid on education loan allowed under IT

My 24-year old son wants to pursue higher studies in the UK.…
GST Revenue

2nd National GST Conference Held to Plug Gaps in GST

The second National GST Conference was held on January 7, 2020, chaired…

CBIC uses discretionary power of issuing audit notices

The Central Board of Indirect Taxes and Customs (CBIC) has initiated the…

Government is mulling to scrap Merchant Discount Rate on debit cards

The government is considering the scrapping the Merchant Discount Rate (MDR) applicable…