GST Council may exempt small online sellers from registration requirement
To encourage online retail, the GST Council is likely to exempt small entities making supplies through e-commerce from mandatory registration…
Category: News
GST Faces Its Biggest Challenge Yet After Supreme Court Ruling
Finance ministers from the opposition-led Kerala, West Bengal and Chhattisgarh have said they will raise the issue at a meeting…
GST Council to be held on June 28, 29 in Srinagar: Whats in store
The 47th GST Council meeting is expected to discuss the report of the panel of state ministers on rate rationalisation…
GST audits won’t be burden for businesses
The Central Board of Indirect Taxes and Customs (CBIC) will ensure that the growing number of GST audits meant to…
GST rates on certain sin goods at a point where they can’t be hiked anymore: CBIC Chairman
Some commodities which are perceived to be sin goods have seen Goods and Services (GST) rates rising to a point where…
IT Department widens scope of income tax return filing
The new conditions are notified under a provision in the Income Tax Act which allows the government to specify in…
35,000 GST Returns from FY18 identified by CBIC for Scrutiny
The Central Board of Indirect Taxes and Customs has identified 35,000 GST returns pertaining to fiscal 2017-18 to scrutinise for…
5% GST Rate to go and 3% and 8% Tax Slab to be introduced: Report
With most states on board to raise revenue so that they do not have to depend on Centre for compensation,…
Why officer delaying Income Tax Refund should not be directed to pay interest from his pocket: Bombay HC
The Bombay High Court bench of Justice N.R. Borkar and Justice K.R. Shriram has asked the department to explain why an officer delaying an income tax…
GST: Govt Plans To Reduce Slabs; Tax To Increase On Goods And Services?
GST hike may help the government raise tax collections and reduce inflation which is already at a 17-month high of…
CBIC proposes mandatory GST scrutiny on quarterly basis
The Central Board of Indirect Taxes and Customs (CBIC) has proposed mandatory Goods and Service Tax (GST) scrutiny on a…
Income Tax: CBDT releases Offline Utility for filing ITR-1 and ITR-4 for AY 2022-23
The Central Board of Direct Taxes ( CBDT ) has released the Common Offline Utility for filing ITR-1 and ITR-4…