Updates

In the Budget 2023, Finance Minister Nirmala Sitharaman announced a 30 per cent tax on the “net winnings” from online ...
Read More

GIST of Amendments (category wise) proposed in GST Budget vide Finance Bill, 2023 is presented by Law Brothers in the ...
Read More

The Finance Budget 2023-24 was delivered by the Hon'ble Finance Minister on 01.02.2023. Certain changes were brought in Direct and ...
Read More

Amendment of Section 10 – The proposed amendment will allow the composition dealers to make supply of goods through e-commerce ...
Read More

Union Budget 2023-24 is presented on 01.02.2023 by Hon'ble Finance Minister. Customs Duty rate has been amended vide following Notificaitons: ...
Read More

Union Budget 2023 was delivered today by Hon'ble Finance Minister. In the indirect tax part, GST Law is being amended ...
Read More

Since we are already in the last month of the Accounting year i.e. March 2023, which mandates a few important ...
Read More

Due dates Advance Tax is payable on or before 15th June, 15th September, 15th December & 15th March. So, the ...
Read More

We are fast approaching the end of the financial year 2022-23. It mandates for some activities to be carried out ...
Read More

The state Cabinet, under the chairmanship of Chief Minister Sukhvinder Singh Sukhu, on March 01, 2023 approved the Himachal Pradesh ...
Read More

Finance Minister Palanivel Thiaga Rajan in his budget speech said despite multiple representations from the States, the Union government refused ...
Read More

Trade bodies have welcomed most of the announcements in the state budget but are disappointed that no announcement was made ...
Read More

Ninety per cent of India’s Goods and Services Tax (GST) collections are paid by the top 22% businesses having a ...
Read More

The Goods and Services Tax system that was implemented to ease the taxation system, has also become a tool for ...
Read More

The GST department will soon begin analysing ITRs filed by businesses and professionals and also MCA filings to ascertain if ...
Read More

GST officers in Delhi have unearthed a fake invoicing racket involving tax evasion of Rs 17 crore and arrested two ...
Read More

Jittery over the show-cause notices being issued by State Goods and Services Tax (SGST) department for value added tax (VAT) ...
Read More

The Orissa high court has held that sale of ‘chokad’ (wheat bran) irrespective of the purpose for which it is ...
Read More

Kerala has received ₹15,610.94 crore by way of Integrated Goods and Services Tax (IGST) till February in this fiscal, according ...
Read More

A Goods and Services Tax (GST) panel is finalising classifications of millet-based products to determine the tax rates applicable on ...
Read More

Individual taxpayers need to be incentivised to migrate to an exemption-less income-tax regime, Bibek Debroy, chairman of the Economic Advisory Council to the Prime Minister, told ET, pegging India to grow at about 6.5% in the next fiscal. According to Debroy, the government’s capital expenditure focus will continue in FY24 while ...
Read More

The sleuths of the Central Bureau of Investigation (CBI) on Wednesday arrested a tax assistant of the Income tax department red handed while accepting a bribe of Rs 15,000 at the Industrial township Parwanoo. A team of CBI following a complaint of the management of a business firm laid a trap ...
Read More

The Central Bureau of Investigation (CBI) arrested nine Income Tax (I-T) officers in Maharashtra’s Nagpur for allegedly joining the department without appearing for the mandatory examination conducted by the Staff Selection Commission. The anti-corruption branch of the CBI arrested the nine accused officers on Monday. An offence was registered in 2018 ...
Read More

The Centre’s direct tax collections, net of refunds, have increased by over 24% on year in the first eight months of the current fiscal, indicating continued revenue buoyancy and recovery in economic activities. The collections amounted to Rs 8.77 trillion between April and November 30 this fiscal, registering a 24.26% growth ...
Read More

Your Permanent Account Number (PAN) is likely to become the only identification needed for seeking different clearances and approvals from the central and state departments for your business. The Centre has announced that it is planning to allow businesses to use the PAN instead of other data as a unique identifier ...
Read More