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4 mins read
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
PTI
2 mins read
Budget blow to HNIs claiming huge deductions for expensive houses
For better targeting of tax concessions and exemptions, Finance Minister Nirmala Sitharaman capped …
2 mins read
Income Tax dept selects 68,000 high-value transaction cases for e-verification
CBDT chief Gupta said that the I-T department had taken several progressive steps to encourage volu…
ANI
2 mins read
Date for filing income tax returns extended to March 15, 2022
For fiscal 2019-20 i.e. AY 2020-21, limit was ₹5 crore for businesses and ₹50 lakh for profess…
PTI
2 mins read
Govt notifies rules, forms for Vivad Se Vishwas scheme
On receipt of the declaration form and undertaking, the designated authority shall, within 15 days…
PTI
2 mins read
Govt may need to further extend tax return deadline if COVID cases continue to rise: Experts
Commenting on the government's decision extend the date of filing of income tax return in view of t…
PTI
2 mins read
COVID-19: Govt extends validity of lower withholding tax orders by 3 mths till Jun 30
Nangia Andersen Consulting Chairman Rakesh Nangia said this will ensure continuity of payments to c…
PTI
2 mins read
Govt amends I-T rules for faster resolution of multinational corporations' tax disputes under MAP
It also states that if a resolution is arrived, the same shall be communicated to the assessee, wh…
PTI
2 mins read
Govt extends validity of lower withholding tax orders by 3 months till June due to COVID-19
Nangia Andersen Consulting Chairman Rakesh Nangia said this will ensure continuity of payments to c…