News & FAQs | By ALOK PATNIA | Apr 14, 2018
Section 56 (2) (viib) of the Income Tax Act, 1961, has provisions also called as ‘Angel Tax’. You may refer our detailed report on ‘Angel...
News & FAQs | By ALOK PATNIA | Mar 31, 2018
Businesses and transporters moving goods worth over Rs 50,000 from one state to another will have to carry an electronic or e-way bill fr...
News & FAQs | By ALOK PATNIA | Mar 31, 2018
The Central Board of Indirect Taxes and Customs (CBIC) has sanctioned Rs 12,639 crore of refunds to exporters, almost all of the pending ...
News & FAQs | By ALOK PATNIA | Mar 30, 2018
The Insurance Regulatory and Development Authority of India (IRDAI) in a circular on Wednesday has informed all insurers that the Goods a...
News & FAQs | By ALOK PATNIA | Mar 30, 2018
The government has launched a crackdown on goods and services tax (GST) evaders ahead of the end of the fiscal year, signalling it will p...
News & FAQs | By ALOK PATNIA | Mar 29, 2018
The government on Wednesday notified a series of changes in the timelines of the compliance requirements under the goods and services tax...
News & FAQs | By ALOK PATNIA | Mar 28, 2018
The Finance Ministry has simplified and reduced the number of columns in the complaint form to make it easier for consumers to report any...
News & FAQs | By ALOK PATNIA | Mar 28, 2018
GST collections slid for the second straight month to Rs 85,174 crore in February as only 69 per cent of the assessees filed returns. Aro...
News & FAQs | By ALOK PATNIA | Mar 27, 2018
More than 68,000 companies have been registered in eight months following the implementation of the Goods and Services Tax (GST) regime, ...
News & FAQs | By ALOK PATNIA | Mar 27, 2018
About 400 real estate developers, including listed companies, have received notices from the indirect tax department for inflated credit ...
News & FAQs | By ALOK PATNIA | Mar 26, 2018
Indian companies fear that input tax credit claimed for GST paid on raw materials may be disputed by tax officials later and are consider...
News & FAQs | By ALOK PATNIA | Mar 23, 2018
Proprietary businesses, LLPs and HUFs, which took registration under GST between October 2016 and June 2017, have come under the scanner ...