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GST rate changes to take effect from 18th July 2022

   30 June 2022 at 08:41

Several goods and services will cost more from July 18 with the Goods and Services Tax (GST) Council approving an increase in rates to address inverted duty structures and withdrawing some exemptions.

Posted in GST |   21306 Views


RBI Governor: Proper interpretation of data necessary for more informed decision making

   30 June 2022 at 08:41

Inaugural Address by Governor, Shri Shaktikanta Das at the Statistics Day Conference on June 29, 2022

Posted in Others |   3228 Views


CBDT specifies Abu Dhabi based Seventy Second Investment Company LLC for Sec 10(23FE) exemption

   29 June 2022 at 08:49

CBDT specifies the sovereign wealth fund, namely, Seventy Second Investment Company LLC as the specified person for the purposes of the said clause in respect of the investment made by it in India

Posted in Income Tax |   4392 Views


TDS under Sec 194S for transactions other than those taking place on or through an Exchange

   29 June 2022 at 08:49

Order under section 119 of the Income-tax Act, 1961 (the Act) in relation to tax deduction at source under section 194S of the Act for transactions other than those taking place on or through an Exchange

Posted in Income Tax |   5292 Views


CBDT enabled e-filing of ITR-U for AY 2020-21 and AY 2021-22

   28 June 2022 at 17:07

E-filing of Updated ITR u/s 139(8A) has been enabled for AY 2020-21 and AY 2021-22 using Excel utility for ITR 1 and 4.

Posted in Income Tax  1 comments |   14115 Views


IRS officer Nitin Gupta appointed as new chairman of CBDT

   28 June 2022 at 08:41

IRS officer Nitin Gupta has been appointed as the new CBDT chairman, a recent government order said.

Posted in Income Tax |   7125 Views


Key Highlights of 47th GST Council Meeting

   28 June 2022 at 08:41

Recommendations of 47th GST Council Meeting

Posted in GST  2 comments |   18204 Views


RBI extends deadline for card tokenisation till 30th September 2022

   27 June 2022 at 08:36

Reserve Bank of India encourages cardholders to tokenise their cardsCurrently, many entities, including merchants, involved in an online card transaction chain store card data like card number, expiry date, etc. [Card-on-File (CoF)] citing cardholder

Posted in Others |   3198 Views


3 IT officials siphoned off crores through fictitious TDS refunds

   27 June 2022 at 08:36

The Central Bureau of Investigation (CBI) has registered a case against three Income-Tax Department officials and nine beneficiaries for allegedly facilitating fraudulent refunds of Tax Deducted at Source (TDS).officials have been identif

Posted in Income Tax  3 comments |   6501 Views


GST compensation cess levy extended till March 2026

   25 June 2022 at 16:00

The government has extended the time for levy of GST compensation cess by nearly 4 years till March 31, 2026.

Posted in GST  1 comments |   4749 Views



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