The Income Tax Department has issued an update, stating that the last date to file the return of income for the Assessment Year 2023-24 (Financial Year 2022-23) under section 139(4) or 139(5) of the Income Tax Act is December 31, 2023.
Finance Minister Nirmala Sitharaman addressed the Lok Sabha on Tuesday, providing clarity on the application of the 28% Goods and Services Tax (GST) on entry-level bets on online gaming platforms.
The Special Investigation Bureau (SIB) of the Uttarakhand GST department has recently filed a comprehensive 3,500-page charge sheet against Shahnawaz Hussain, the alleged mastermind behind a large-scale illegal timber trade operation.
FM Nirmala Sitharaman addressed the Lok Sabha on December 19, 2023, shedding light on crucial amendments to the central Goods and Services Tax (GST) law and related bills.
UltraTech Cement Faces GST Challenges: Receives Orders Totaling Rs 18.3 Crore in Demand, Interest and Penalties
On Monday, the Minister of State for Finance, Pankaj Chaudhary announced that the Income Tax Department has denied tax exemption to the Board of Control for Cricket (BCCI) in India u/s 11 of the Income Tax Act.
Minister of State for Finance Bhagwat Karad disclosed that the RBI has imposed penalties totaling Rs 40.39 crore on various financial entities, including banks, NBFCs and others, during the FY 2022-23.
Government is on track to exceed its total tax collection target for the current financial year, with direct tax and GST collection data suggesting potential it is more than enough
The Lok Sabha passed a bill to raise the age limit of the chairman and members of the GST Appellate Tribunal
Supreme Court Dismisses GST Department's Plea, Upholding High Court Ruling on Input Tax Credit
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