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8000 returns filed in 4 days after blocking e-way bill
GST & Other Indirect Taxes | By Editor | Last updated on Jun 1, 2020
Blocking of e way bill on non-tiling of GST Returns has been implemented from November 28th, 2019, The NIC Karnataka in association with ...
GST rates set to increase as council plans for a hike of GST rate from existing 5 to 6%
GST & Other Indirect Taxes | By Editor | Last updated on Jun 1, 2020
In wake of growing revenue concerns, the Goods and Services Tax (GST) council may consider revamping tax structure and raising the existi...
New GSTR 9 & GSTR 9C Utility would be available by 10th December 2019
GST & Other Indirect Taxes | By Editor | Last updated on Jun 1, 2020
Government has made some changes in the forms of Annual Return (GSTR-9) and the Reconciliation Statement (GSTR-9C) vide Notification No. ...
These are the new functionalities on registration on GST Portal
GST & Other Indirect Taxes | By Editor | Last updated on Jun 1, 2020
1. Taxpayers can now see all the GSTINs mapped to same PAN across India, at the time of filing the Part A of the registration application...
Lok Sabha passes Bill to effect corporate tax reduction
GST & Other Indirect Taxes | By Editor | Last updated on Jun 1, 2020
The Lok Sabha on Monday passed a Bill to replace an Ordinance for effecting reduction of corporate tax rates. Taxation Laws (Amendment) B...
DPIIT invites applications for First Ever National Startup Awards 2020
Direct Taxes (including International Taxation) | By Editor | Last updated on Jun 1, 2020
The Department for Promotion of Industry and Internal Trade (DPIIT) has announced institution of the first ever National Startup Awards. ...
Incentives to Promote Industrial Development in J&K and Ladakh
Direct Taxes (including International Taxation) | By Editor | Last updated on Jun 1, 2020
The Government is working on schemes that will offer significant incentives to promote industrial development in the Union Territories (U...
Cabinet approves Protocol between India & Chile for double tax avoidance
Direct Taxes (including International Taxation) | By Editor | Last updated on Jun 1, 2020
The Union Cabinet chaired by Prime Minister Shri Narendra Modi today approved the signing of the Double Taxation Avoidance Agreement (DTA...
GST e-invoicing must for businesses with Rs 100-cr turnover from April 1
GST & Other Indirect Taxes | By Editor | Last updated on Jun 1, 2020
From April 1 next year, electronic invoicing (e-invoicing) will be mandatory for businesses with a turnover of Rs 100 crore, the governme...
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