Nearly 8 lakh GST registrations in 6 months, UP leads the way
Nearly 8 lakh new registrations by taxpayers took place under Goods & Services Tax (GST) during January-June period of calendar year 2026, data from GST portal said.
Category: Media
ITR utility updated: New ‘other income’ column added under exempt income schedule
If you are salaried, a pensioner, a student, or anyone else who doesn’t need to do an income tax audit, make sure to file your income tax return (ITR) by July 31, 2026 for the assessment year 2026-2027.
EPFO ends UAN activation on member portal: Here’s how to do it now
EPF subscribers can no longer activate their UAN or generate a new UAN through the EPFO member portal following a major technology upgrade.
Can you claim bad debt deduction during recovery? ITAT explains
A business can claim a deduction for a bad debt even if efforts to recover the money are still underway, the Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has ruled.
Armed robbers hold GST officer’s family hostage, loot gold and cash in Alwar
Three armed robbers allegedly stormed the home of a GST assistant commissioner in Rajasthan’s Alwar, tied up and threatened his family at gunpoint for one-and-a-half hours, and fled with around 15 tolas of gold jewellery, cash and other valuables on Saturday morning, police said.
Operationalising GST refunds for foreign tourists to promote retail exports: FIEO
Exporters’ body FIEO on Friday urged the government to operationalise goods and services tax (GST) refunds for foreign tourists to promote tourism and retail exports.
Tax Cuts and Assured Demand Vital To Scale India’s Biogas Sector: CII Report
Achieving the government’s target of 5,000 compressed biogas (CBG) plants producing 15 million metric tonnes annually by 2030 will require a fundamental transition to a market-driven renewable gas economy, underpinned by GST rationalisation
Tax department steps up scrutiny of charitable trusts over disclosure mismatches
The Income Tax Department has intensified scrutiny of charitable trusts and non-profit organisations, seeking granular details on utilisation of funds, governance practices and charitable activities
Holding company can’t claim demerger tax benefits on behalf of subsidiary: ITAT
The Mumbai Income Tax Appellate Tribunal (ITAT) has ruled that a holding company cannot perform a legal requirement meant for its subsidiary to claim tax benefits under a demerger, dealing a setback to Sterling Holiday Resorts Ltd. in a tax dispute involving more than Rs 240 crore.
Gujarat leads in post-settlement GST growth with 30% jump
A sharp rise in post-settlement GST receipts has placed Gujarat at the top of the national growth chart in the first quarter of FY27.