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IDS Scheme, 2016: Budget 2021 proposes Refund of Excess Payment to be sanctioned but No Interest [Read Finance Bill]
The Finance Minister, Nirmala Sitharaman while announcing the Budget 2021-22 has proposed the refund of excess payment to be sanctioned but no...
Budget 2021: Tax Audit Limit increased to Rs.10 crores for those using Digital Transaction Mode [Read Finance Bill]
The Finance Minister Nirmala Sitharaman on Monday announced the increase in the Tax Audit Limit increased to Rs.10 crores for those using Digital Transaction Mode. The objective behind the...
Budget 2021: Transaction Taxable under Income Tax are not liable for Equalisation Levy [Read Finance Bill]
The Finance Minister Nirmala Sitharaman has clarified in the Budget 2021 speech that, Transaction Taxable under Income Tax are not liable for Equalisation Levy. She also said that, In order to...
Central Govt. announces LTC cash voucher scheme to stimulate consumer spending to boost economy during COVID-19
The Finance Minister Nirmala Sitharaman on Monday announced the Leave Travel Concession (LTC) Cash Voucher Scheme to stimulate consumer spending among other stimulus measures to boost the economy...
![[Breaking] GST Council allows Quarterly filing of GSTR-3B for less than 5cr Turnover](https://www.taxscan.in/wp-content/uploads/2020/10/GSTR-3B-GST-Council-Month-Returns-GST-Returns-Taxscan.jpg "[Breaking] GST Council allows Quarterly filing of GSTR-3B for less than 5cr Turnover")