SBI report: GST collection to be record Rs 1.20 lakh crore in January 2021
After clocking record collections in December, the Goods and Service Tax (GST) revenue is expected to cross Rs 1.20 lakh […]
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Economic Survey 2020-21 to be tabled today
The Economic Survey 2020-21 will be tabled in Parliament today, two days before the presentation of the Union Budget. The
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Kolkata: 10 booked for Rs 189 crore GST fraud, one held with Rs 50 lakh
The Maniktala police have registered a case against at least 10 individuals for allegedly being a part of a racket
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Budget 2021 likely to see hike in indirect taxes
Staring at a revenue shortfall of over Rs 6.5 lakh crore and with less headroom for raising direct tax collection, the government
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Green tax to be imposed on vehicles over 8 years in bid to clean environment
A ‘Green tax’ will soon be imposed on older vehicles in a bid to clean up the environment by phasing out unfit
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New laws for auditor, company secretary bodies in offing
The government is set to amend laws to streamline the functioning, especially the disciplinary aspects, of three professional institutes the
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Tax consultant arrested on charge of ₹274 crore GST fraud
The GST and Central Excise Department, Chennai Outer, has arrested a tax consultant from Pernambut, Vellore district, for allegedly committing
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Budget 2021: Auto Sector Seeks GST Reduction in Lithium Batteries
In recent years, the automobile sector witnessed several challenges in terms of reduction in demand and increase in costs due
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Valuation in GST – Intricacies and Way Forward
“Levy of any taxes creating cascading and for which no credit is available should be scrapped”, said Mr. Bimal Jain
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ITR rectification enabled on the portal for the AY 2020-21
Income Tax Return (ITR) rectification has been enabled on the ITR Portal for the AY 2020-21. Return Data Correction (XML)