GST & Other Indirect Taxes | By ALOK PATNIA | Dec 7, 2018
The Confederation of All India Traders (CAIT) has written to Finance Minister Arun Jaitley asking him to push the deadline for filing of ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Dec 5, 2018
To prevent tax evasion and allow more flexibility to taxpayers, the Income Tax department has changed PAN card rules with eff...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Dec 5, 2018
Taxpayers may soon get relief from the hassles of filling up income tax (I-T) return forms. Central Board of Direct Taxes (CBDT) Chai...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 5, 2018
The new simplified GST return forms will be rolled out from April 1, 2019, Revenue Secretary Ajay Bhushan Pandey said Tuesday. He exude...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 4, 2018
The government of India led by Prime Minister Narendra Modi is ready with a new GST return system. But it may be delayed in a bid to not ...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 4, 2018
The e-commerce companies are not liable to collect TCS on supplies made by entities with turnover not exceeding ₹20 lakh and are not regi...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 4, 2018
The finance ministry on Monday said Rs91,149 crore has been issued so far to exporters as GST refunds, which are 93.77% of total claims...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 3, 2018
The Goods and Services Tax (GST) Council may consider one-time amnesty scheme to facilitate exit for ‘nil’ filers and non-filers. “Appr...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Dec 3, 2018
The draft direct tax code—is likely to be a strong message about stability and certainty in taxation rather than any structural shift. Th...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 1, 2018
With airlines struggling to make money even when passenger traffic is growing at a double-digit pace, the civil aviation ministry has sou...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Dec 1, 2018
Officials of the Income Tax Department today conducted a search operation at the premises of Bhushan Kumar and Krishan Kumar owned T-Se...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 30, 2018
Finance minister Arun Jaitley has made a strong case for creating a federal institution such as the Goods and Services Tax Council for th...