Income taxpayers cannot join Atal Pension Yojana (APY) scheme from 1st October 2022

The Finance Ministry amended the Atal Pension Yojana (APY) scheme to provide…

No GST Council meet in Sept ’22 due to delay in GoMs’ reports amid inflationary concerns

The GST Council was initially supposed to meet in the mid of…

Centre Revises Small Company Definition To Ease Compliance Burden

The Ministry of Corporate Affairs (MCA) has revised the paid-up capital and…

Ensure to note ITC changes in GSTR-3B of August 2022

You must note a crucial change while preparing GSTR-3B for August 2022.…

The government plans to establish a simplified tax system

Sources said that the finance ministry would soon review the exemption-free new…

CBIC clarifies issues ranging from GST on not serving notice period to cheque dishonor

The CBIC issued a fresh Circular regarding the taxability of GST on…

ITR Verification time limit reduced from 120 days to 30 days

The time limit for verification of electronically filed Income Tax returns is…

Why filing a belated return is not a good choice?

Around 3.7 crore ITR returns for FY 2021-22 have been filed till…

ITR filing: How to rectify information reported in AIS?

Before filing an income tax return for FY 2021-22, one should view…

ITR filing: Which ITR form must be filed by sole proprietorship businesses

The Income Tax Return (ITR) filing deadline for the financial year 2021-22…