Delays in customs clearance crippling India’s import-export industry
Customs clearance delays continue to cripple the Indian industry as they have extended from the earlier 15-20 days to 25-30 […]
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Important News, News
CBDT has issued refunds of over Rs. 1,25,470 crore to more than 38.23 lakh taxpayers between April 01, 2020 to October 20, 2020
As per the recent tweet of Income Tax India, the CBDT issues refunds of over Rs. 1,25,470 crore to more than
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IT Dept goes data hunting for tax defaulters; many cos, individuals get notices
The Income Tax (IT) Department has taken up data analysis to identify tax defaulters with a renewed data sharing agreement
GST Recent News, News
Balasaheb Thorat: Centre must pay GST dues worth ₹30,000 crore
State Revenue Minister Balasaheb Thorat on Tuesday said the Centre must help Maharashtra fight COVID-19 and provide relief to rain-hit
GST Recent News, Important News
CNBC-TV18: Sources say GSTN glitches leading to delays in return filing
As per the recent tweet of CNBC-TV18, Sources say the GSTN glitches leading to delays in return filing. Delays Seen In
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Centre said to ask at least eight PSUs to consider buy-backs
India has asked at least eight state-run companies to consider share buy-backs in the fiscal year to March 2021, two
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Open to imparting more stimulus to economy: FM Sitharaman
Finance minister Nirmala Sitharaman on Monday indicated that the government might unveil another round of economic stimulus at an appropriate
GST Recent News, News
GST shortfall: Punjab, Bengal, others to choose Option 1, Kerala demurs
The opposition to the Centre’s formula for bridging the states’ estimated, large goods and services tax (GST) shortfall in FY21
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Duty-remission scheme for exports to start with 3 sectors
The new Remission of Duties or Taxes on Export Products (RoDTEP) scheme for exporters is being readied on priority basis
News, Notification And Circular, Notification and Circular
CBDT reiterates tolerance range under transfer pricing rules
The Central Board of Direct Taxes (CBDT) on Monday reiterated tolerance range of 1-3% under transfer pricing rules for the