From ‘belated ITR filing’ to changes in rules of Axis Bank credit card: Financial updates for August
The end of July is approaching, which also means the deadline for filing your Income Tax Return (ITR) is coming …
Updates
Rent on PG accommodation, hostel services to attract GST: Karnataka AAR
Rent paid for paying guest (PG) and hostel accommodations, which are not like residential dwellings, would attract 12 per cent …
GST council to meet on Aug 2 to finalise online gaming tax
NEW DELHI (Reuters) – India’s Goods and Services Tax (GST) Council will meet on Aug. 2 to decide on a …
Over 750,000 HUFs claimed Rs 3,803 cr tax deductions in 2022-23: FinMin
Over 8.75 lakh Hindu Undivided Families (HUFs) have filed income tax returns (ITRs) and claimed deductions worth Rs 3,803 crore …
Monsoon session: I-T raids up 8% in FY23, Rs 1.15 trillion GST fraud & more
With 741 groups, I-T raids up 8% in FY23 A total of 741 groups were searched in FY23, resulting into …
Over 40 mn ITRs filed for FY23 so far, 8 mn refund issued: CBDT chief
More than four crore income tax returns (ITRs) have been filed so far for fiscal 2022-23 and more than half …
28% GST to lead to write-off of $2.5 bn investment in e-gaming: Investors
The GST Council’s decision to levy a 28 per cent tax on real money online gaming industry will lead to …
May go back to GST council on online gaming Regulatory framework, Tax on online gaming cannot be taken back now: MoS IT
Amid the online gaming industry raising concerns over the levy of 28 per cent GST, Union minister Rajeev Chandrasekhar on …
India to push G20 to raise share of taxes on firms for ‘excess profit’
NEW DELHI (Reuters) – India will push its Group of 20 partners at a meeting it is hosting to support …
Extended Date of GST Amnesty Scheme
CBIC Further extended date of Amnesty Schemes for GSTR-9, GSTR-10, GSTR-4, Revocation of cancellation of registration, Withdrawal of Assessment till …
