A list of GSTINs generating IRN has been issued by NIC
National Informatics Centre (NIC) has issued a list of GSTINs dated July 01, 2021 generating IRN. The List of GSTINs […]
Important News
Press Release, Press Release
India’s Merchandise Trade Preliminary data for the month of June 2021
India’s merchandise exports in June 2021 was USD 32.46 billion, an increase of 47.34% over USD 22.03 billion in June
Notification And Circular, Notification and Circular
Guidelines w.r.t. charging of income related to capital gains of the partnership firm
The CBDT vide Circular No. 14 of 2021 dated July 02, 2021 issued guidelines under section 9B and sub-section (4)
Important Pronouncements
Additions cannot be done by AO on the basis of information available in Form 26AS
The Hon’ble ITAT, Kolkata in the case of ITO v. M/S Star Consortium [Income Tax Appeal No. 04/KOL/2020 C.O. No.
GST Recent News
GST to help in achieving five trillion-dollar economy by 2025: Nitin Gadkari
Union Minister of Micro, Small and Medium Enterprises (MSME), Nitin Gadkari said that Goods and Services (GST) will help in
Press Release, Press Release
Highest ever merchandise exports in a quarter (Q1 2021-22, USD 95 billion) in the history of India
The Minister of Commerce & Industry, Railways and Consumer Affairs, Food & Public Distribution, Shri Piyush Goyal held a press
Notification And Circular, Notification and Circular
New Income Tax Rules and Form w.r.t. capital gains and capital assets of the specified entity
The CBDT vide Notification No. 76/2021 dated July 2, 2021 has issued ‘the Income tax Amendment (18th Amendment), Rules, 2021’
GST Recent News
High GST collection shows resilience of Indian economy: Anurag Thakur
Minister of State for Finance and Corporate Affairs Anurag Thakur said that the record high GST collections in the past
GST Recent News
Commerce Ministry wants SEZ doors to be opened for non-export manufacturing units
The Commerce & Industry Ministry is trying to convince the Revenue Department to allow non-export manufacturing units that produce only
GST Recent News
Inverted duty, slabs on GST Council radar: Tarun Bajaj, Revenue Secretary
The goods and services tax (GST) has significantly lowered the compliance burden on businesses as well as the incidence of