GST Portal Update: GSTN Adds DCB Bank, Broadening GST Payment Network to 26 Banks
The Goods and Services Tax Network ( GSTN ) has recently expanded its payment options by adding DCB Bank Limited to the GST Portal. With this...
Income Tax TRACES Portal Now accepts Applications for Lower or Nil TDS/TCS Deduction for FY 2024-25
The Income Tax Department of India has announced that the TRACES portal is now accepting applications for lower or nil Tax Deducted at Source ( TDS ) and Tax Collected at Source ( TCS ) deduction for...
MSME Payment Rule: Finance Ministry likely to Push Back Implementation of 45-Day Payment Rule to April 2025
Amidst mounting concerns and industry pushback, the Finance Ministry is considering pushing back the implementation of the 45-Day Micro, Small, and Medium enterprises (MSMEs) Payment Rule from April...
Income Tax Department Raid at Tobacco Bigwig’s Residence: Seizes Cash, Luxury Watches and Jewellery Worth more than 7 Crores
The Income Tax Department has intensified its crackdown on suspected tax evasion, conducting raids at multiple locations associated with Bansidhar Tobacco Private Limited, headquartered in Kanpur....
