Is it mandatory to pay GST? Know which restaurants can charge tax from customers
Most people, while paying the bill at a restaurant don’t even look properly at the bill, those who do, will […]
GST Recent News
Important News, Income Tax
Income Tax Department has issued Update on Form 52A
The Income Tax Department has issued the Latest Update regarding Form 52A is now available for filing vide Notification No.
GST Recent News
GST collection rises 21% in Faridabad
The collection of the state GST (SGST) in Faridabad district has increased by 21.53 per cent by the end of
GST Recent News
Automobile, infra development drive U.P’s GST revenue growth
Automobile, infrastructure development and iron & steel have registered the highest GST revenue growth in Uttar Pradesh in 2022-23, according
Income Tax, News
Mere delay in remittance of TDS doesn’t attract penalty u/s 271C of the IT Act: Supreme Court
The Supreme Court has ruled that no penalty is leviable under Section 271C of the Income Tax Act, 1961 on
GST Recent News
Subsidized deduction made from the Employees availing Food in the Factory/Corporate office would not be considered a ‘Supply’ under GST: AAR
The Gujarat Authority for Advance Ruling (AAR) has held that a subsidized deduction made by the applicant from the employees who are
GST Recent News
DGGI sends show cause notices over tax evasion concerns worth Rs 2,250 crore
The Directorate General of GST Intelligence (DGGI) has sent show-cause notices to some insurance companies, such as HDFC Bank, Go
News
Pharma exports grew a shade better to $25.39 bn in FY23
India’s pharmaceutical exports totalled $25.39 billion in FY23, a shade better than the previous fiscal but short of the $27
CBIC, Notification And Circular, Notification and Circular
No Export Duty on Rice in the Husk (paddy or rough), of seed quality
The CBIC vide Notification No. 30/2023-Customs dated April 10, 2023 provides relief to exporters, Export duty on Rice in the
Income Tax, Press Release, Press Release
CBDT releases key statistics on Direct Tax
The Central Board of Direct Taxes (CBDT) has been releasing key statistics relating to Direct Tax collections and administration in