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CBIC extends Due Date for filing GSTR-8 [Read Order]

The Central Board of Indirect Taxes and Customs ( CBIC ) has extended the due date for filing GSTR-8. Every e-Commerce operator who is required to...

Budget 2019 proposes Major Relief on Rental Income

ICAI likely to declare Results of Post Qualification Course Examinations Next Week

GST Council to appoint a GoM to examine and make Recommendations to reduce GST burden on Home Buyers

ICAI announces Special Exam for Foreign Chartered Accountants

80% growth in Tax Base: Number of Returns Filed increased from 3.79 crore to 6.85 Crore

The Government has reduced tax rates, more for the common man and middle class, and made the interface with the tax department much simpler and largely faceless. Due to this, the tax collections...

Budget 2019: No Income Tax for Income up to 6.5 Lakhs

The Union Budget announced by the Union Finance Minister Piyush Goyal for the year 2019-20 has increased the threshold limit for the levy of income tax up to Rs. 5 Lakhs. An additional amount of 1.5...

Budget 2019: Major Tax Proposals

The Union Finance Minister Piyush Goyal has announced the Interim Budget for the year 2019-20 today. The key proposals in the budget regarding taxation are the following; Income Tax Exemption...

Govt. extends Due date for filing Form GST TRAN-1 from January 31, 2019 to March 31, 2019 [Read Notification]

The Central Government has extended due date for filing the period for submitting the declaration in Form GST TRAN – 1 from January 31, 2019 to March, 2019 for the class of registered persons who...

Proud Moment for Chartered Accountants: A CA is presenting Budget this Year

It is a Proud moment for Chartered Accountant fraternity that, a Chartered Accountant and Union Finance Minister Piyush Goyal will present the Budget in Parliament today. As the Loksabha elections...

GST: Thirteen Important Changes applicable from Today

The Goods and Services Tax ( GST ) has undergone major changes and the same is to be implemented from today, i.e, 1st February 2019. Some of the important changes which are going to be applicable...

GST: Squad Officer can’t detain Goods for Bonafide Misclassification, says Madras HC [Read Judgment]

The Madras High Court has held that the Squad Officer cannot detain the goods and impose the penalty for a bonafide misclassification under the Goods and Services Tax ( GST ) regime. Justice G R...

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