News

Taxation Monopoly - One World One Tax!!
Published On:23-06-2021

Taxation Monopoly - One World One Tax!!

Know More..  

---

Cost inflation index for FY 2020-21
Published On:16-06-2020

Cost inflation index used for LTCG calculation notified by finance ministry

Know More..  

---

From changing growth metrics to revising debt targets
Published On:08-05-2020

15th Finance Commission studying all options

Know More..  

---

New versus old tax regime: Analyse the benefits before making a choice
Published On:08-05-2020

Under the simplified regime, it is not possible to claim certain deductions and exemptions

Know More..  

---

Inquiry against 50 IRS officers over suggesting tax hike for the rich: Report
Published On:30-04-2020

The report, titled ‘Fiscal Options and Response to COVID-19 Epidemic’ (FORCE), was released on April 25 by the IRS' official Twitter handle.

Know More..  

---

Global lobbying groups call for delay to India's new digital tax
Published On:30-04-2020

The main proposals India's finance ministry had presented in parliament a month earlier.

Know More..  

---

Capital Gains on the Sale of Property
Published On:22-04-2020

Tax on capital gains is needed to be paid when property or any other asset is sold by an individual.

Know More..  

---

Eligible individuals can submit Form 15G, Form 15H to avoid TDS on dividend income
Published On:22-04-2020

Tax will be deducted from the dividend at the time of payment by the company/mutual fund house

Know More..  

---

New Criteria for NRI status and how income tax will be calculated in India for this fiscal year 2020 -2021.
Published On:12-04-2020

At the stage of the passing of the Bill, the amendments originally proposed in the criteria determining 'residential status' in India of a person in the Finance Bill 2020 were relaxed

Know More..  

---

No tax implications of coronavirus relief withdrawals.
Published On:12-04-2020

The withdrawal can be done online.

Know More..  

---

New income tax rules from April 1
Published On:04-04-2020

Here are the new income tax rules which were announced by Finance Minister Nirmala Sitharaman in Budget 2020

Know More..  

---

Lenders ask for March EMIs - RBI
Published On:02-04-2020

Despite moratorium, lenders flounting RBI directive for an repayment of loans for the month of March.

Know More..  

---

Tax Compliance - On Tax Date Extension
Published On:25-03-2020

PRESS NOTE

Know More..  

---

Comments and Suggestions on Repowering of Wind Turbines.
Published On:17-03-2020

Petition filed under section 62 (1) (a), 63 and 86 (1) (b) of the Electricity Act, 2003

Know More..  

---

Stake holder’s comments on Determination of Captive Status of the Generators.
Published On:17-03-2020

C.M.P. (M.D.) No.5958 and 5959 of 2019 in W.A. (M.D.) No.930 and 931 of 2017 – Comments on the draft filed online.

Know More..  

---

Service tax, GST added to AGR dues
Published On:18-02-2020

Carriers including Bharti Airtel and Vodafone Idea, along with Tata Teleservices, Telenor, Aircel and Reliance Communications, have to pay Rs 1.47 lakh crore to the government at the earliest, after the Supreme Court came down heavily on the companies for not paying by the deadline it had imposed.

Know More..  

---

Alternative Slabs To Take Country Towards A Simplified Income Tax Regime
Published On:17-02-2020

The Budget 2020-21 has introduced more tax slabs and offers higher limits provided the taxpayer is ready to forego all the existing exemptions and deductions.

Know More..  

---

Interest on Delayed GST Payment Will Now be Calculated on Net Tax Liability
Published On:17-02-2020

Businesses, other than those under the composition scheme, registered under goods and services tax (GST) have to file returns (GSTR-1) showing tax liability by 11th of the following month and pay taxes by filing GSTR-3B by 20th.

Know More..  

---

SC stays extension of deadline for filing annual GST returns
Published On:11-02-2020

Annual GST returns

Know More..  

---

Tax dept wants cos to pay GST on non-compete fee
Published On:10-02-2020

Strategic investors and others that have bought businesses and entered into these contracts with the sellers have received notices from the indirect tax department, demanding that they pay goods and services tax at 18% on the non-compete fee.

Know More..  

---

Budget 2020: Tax settlement scheme not open to launderers
Published On:06-02-2020

The scheme won't cover cases related to overseas assets, or prosecutions under PMLA, benami or I-T Act.

Know More..  

---

Govt plans GST lottery offers of Rs 10 lakh-Rs 1 cr for encouraging customers to ask for bills
Published On:05-02-2020

Every bill under GST is supposed to be a price-winning lottery ticket. It will go for a draw and price are so high that people will say that by not saving 28 per cent, I have a chance of winning Rs 1 crore or Rs 10 lakh.

Know More..  

---

GST: CBIC extends GSTR-9 and GSTR-9C filing dates to February 5 and 7
Published On:05-02-2020

This is the second extension in due dates since January 31, 2020

Know More..  

---

Union Budget 2020: Fake invoicing under GST a non-bailable offence
Published On:03-02-2020

Sitharaman announced that the new GST return framework and e-invoicing would be implemented from April 1, to improve compliance and plug the tax revenue leakages

Know More..  

---

GST, VAT collection dips as 6 states' tax revenue till November FY20 falls
Published On:30-01-2020

Tax revenues rose 13.44 per cent for West Bengal

Know More..  

---

Govt stares at tax shortfall of Rs 2 lakh crore
Published On:27-01-2020

The shortfall on the indirect tax side would be at least Rs 50,000 crore by any conservative estimate

Know More..  

---

Five structural changes to make GST simple, stable
Published On:26-01-2020

To start with, we must put the debate on frequent TAX rate changes to rest by bringing in a white paper outlining the rate structure we want over next few years.

Know More..  

---

Our budget suggestions to the Minister
Published On:24-01-2020

Suggestions for the Budget plans of 2020-21

Know More..  

---

GST returns can now be filed in a staggered manner
Published On:24-01-2020

The govt has eased filing of GST returns for taxpayers by allowing them to file in a staggered manner and has provided three dates for different categories of taxpayers.

Know More..  

---

Govt mulls mediation to solve tax issues with companies
Published On:22-01-2020

Mediation will allow taxpayers to get a fix on how much they need to pay and avoid disputes.

Know More..  

---