April 22, 2020
The e-way bill is an electronically produced document that must be generated by businesses in India, while moving goods worth more than ₹ 50,000 from one location to another. Every […]
March 16, 2020
The 39th GST Council meeting held on Saturday 14 March under the chairmanship of Union Finance & Corporate Affairs Minister Mrs. Nirmala Sithraman. Along with the finance minister, Union Minister of […]
February 20, 2020
Source: livemint As the season for submitting proof of investments in tax-saving products nears, your employer might soon ask to furnish them. Tax benefit on premiums paid for life and […]
February 19, 2020
Source: Economic Times The Central Board of Indirect Taxes and Customs (CBIC) issued a circular clarifying that registered taxpayers are required to declare GST Identification Number (GSTIN) on their EXIM […]
February 18, 2020
What is Document Identification Number (DIN?) The CBIC body has mandated the generation of a Document Identification Number (DIN) for all means of communications sent by the tax officials to […]
February 18, 2020
Source: Business Standard To provide a procedure for taxpayers to settle pending income tax disputes, Vivad se Vishwas scheme was announced in the Union Budget 2020. Under the scheme, taxpayers […]
February 17, 2020
Source: India Today The Goods and Services Tax (GST) Council is likely to meet soon to discuss the compensation paid to states for the loss of revenue after the implementation […]
February 13, 2020
Source: The Economic Times The Central Board of Indirect Taxes and Customs (CBIC) has asked tax officials to collect almost ₹46,000 crores as interest on account of delayed GST payment. […]
February 12, 2020
Source: The Hindu In a written reply to Rajya Sabha, Minister of State for Finance Anurag Singh Thakur said that the Centre has released ₹81,043 crore as GST compensation to […]
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