Fiscal deficit exceeds 61% of the target within the first quarter

The government has released data stating that the fiscal deficit for the…

Central Board of Direct Taxes rolls out plan for financial year 2020

The Central Board of Direct Taxes (CBDT) has released its action plan…

Budget 2019 Impact: Super Rich to Pay Higher Taxes

With the announcement of the Union Budget 2019, it evident that the…

CBDT amends audit reports for Charitable Trusts to increase scrutiny

The Central Board of Direct Taxes (CBDT) has drafted a notice to…
GSTR-9

Skill-based gaming companies under regulatory scrutiny

Skill-Based gaming companies face regulatory challenges every now and then. There are…

Taxman may prosecute for delayed payment of TDS

Tax deductors are obliged to deduct tax at source on a variety…

CBDT Deferred Disclosures on Tax Audit Reports by 1 Year

The Central Board of Direct Taxes (CBDT) plans to give businesses time…

IT Raises Tax Rebate instead of Exemption Limit

The income tax department raised the rebate available under section 87A to…

IT department Delays GST and GAAR reporting till March 2020

The IT department in India deferred the requirement for companies to provide…

New Direct Tax Law will be submitted by Feb 28

The Ministry of Finance has released a date with the regards to…