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Income tax dept may seek first right on recovery of dues under IBC
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 27, 2018
The income tax (I-T) department may soon request authorities in the finance ministry to intervene so that I-T dues get a higher priority ...
E-filing of income tax returns rises 65% in Apr-Sept
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 27, 2018
Even after the deadline for filing income tax returns ended on August 31, the growth in taxpayers filing e-returns continued to grow robu...
GST likely to have three-slab rate structure in future
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 27, 2018
The current four-slab GST rate structure is likely to be reduced to three as the process of rationalising India’s new indirect tax ...
Pranab Mukherjee hopes GST rates will be rationalised further saying it ‘work in progress&#...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 27, 2018
Terming the GST as ‘work in progress’, former President Pranab Mukherjee Friday expressed hope that rates under the indirect ...
Sexual Harassment in Startups and SMEs
Corporate Law & Intellectual Property Rights | By Soumik Kumar Sen | Last updated on Oct 26, 2018
A year back one of my clients called me early in the morning and with a tensed voice said, “I might be screwed big time!” I pacified him ...
You can now claim your refund online on excess GST
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 26, 2018
Back in July, a FICCI survey revealed that 59% of the enterprises surveyed were not satisfied with the capability of the Goods and Servic...
GST anti profiteering clause puts FMCG firms in a fix
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 26, 2018
With input costs remaining high, manufacturers of consumer packaged goods have had little choice so far but to increase prices and protec...
Tata Sons may get a Rs 1,600-crore GST bill
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 26, 2018
Tata Sons, the holding company of the Tata Group, may get a goods and services tax (GST) bill of around Rs 1,600 crore over its $1.2 bill...
CA, two associates arrested for GST fraud of Rs 50 crore in Noida
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 24, 2018
A Chartered Accountant (CA) and two of his associates on Monday night were arrested for allegedly evading Rs 50 crore of Goods and Servic...
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