News & Update
June 24, 2019
The National Anti-profiteering Authority (NAA) has proposed a Standard Operating Procedure (SOP) for all Central and State GST officers to keep an eye on top 20 […]
June 22, 2019
After swearing in of the Modi led new Government, the 35th GST Council Meeting was the first meeting of the Council that took place under the […]
June 21, 2019
Due Date and Eligibility The last to file your ITR for FY 2018-19 is approaching – July 31st 2019. Individuals and the Hindu Undivided Family (HUFs) […]
June 20, 2019
India may cut the Goods and Services Tax on electric vehicles to 5% from 12% to boost the sector that’s a high priority for the new […]
June 19, 2019
Although the Goods and Services Tax (GST) is all set to complete 2 years of implementation, the issues or defects are still in existence. These issues […]
June 18, 2019
India is now set to complete two years of the GST regime, the biggest tax reform since independence. The authorities are constantly working on improving the […]
June 17, 2019
Taxpayers are preparing themselves to file their annual returns in form GSTR-9 this month. The annual return includes the data filled in by the taxpayer in […]
June 14, 2019
With a view to promoting growth and exports, the leather exporters have urged the finance ministry to lower the rate GST on footwear. P R Aqeel […]
June 13, 2019
India could review the GST structure to reduce the number of items in the highest slab of 28% as it attempts to stop the decrease in […]
June 12, 2019
The Govt. has introduced a transition plan for taxpayers under the Goods and Services Tax to switch to new simpler return forms. With a view to […]
June 10, 2019
The GST council would next meet on June 20, 2019, and is likely to propose ₹ 50 cr as the t/o threshold for entities to generate […]
June 7, 2019
The Union Finance Ministry, on Tuesday, issued a detailed clarification on the GST annual return filing. The last date to file returns will remain June 30. […]
June 6, 2019
The Central Board of Direct Taxes has extended the last date for the employers to issue Form 16 to July 10, 2019 (earlier June 15). Consequently, the […]
June 4, 2019
The Govt. is now fully prepared to take adequate action against tax and money laundering with the help of data analysis to detect overstated Goods and […]
June 3, 2019
Companies across sectors like durables, automobiles and real estate have been lobbying hard for a Goods and Services Tax cut as the Narendra Modi-led NDA Govt. […]
May 31, 2019
An individual or company is required to share their incomes and gains in a statement to the department. The rules and norms of Income Tax are […]
May 30, 2019
On July 1st, 2019, the Goods and Services Tax (GST) shall be completing its two years of getting implemented. Inspired by the idea of ‘One Nation […]
May 29, 2019
Big businesses will have to start filing GST Returns in the new form before others, with the authorities planning a gradual approach for all future changes […]
May 28, 2019
The 15th Finance Commission does not have any plan to heed the request of state governments to extend the period for the Goods and Services Tax compensation […]
May 27, 2019
As per the planning of GST council, in the first phase, only large businesses are required to start filing GST Returns in the new form before […]
