No escape for those filing fake GST invoices as Budget 2021 empowers Authority to Attach Assets
The Finance Minister, Nirmala Sitaraman while presenting the Budget 2021-22 urged the provisional attachment of the assets of the individual who has...
![Budget 2021: Govt. suspends Anti-Dumping Duty on Imports of Steel Products from various nations including China [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/02/Budget-2021-anti-dumping-duty-imports-of-steel-products-nations-China-Taxscan.jpeg "Budget 2021: Govt. suspends Anti-Dumping Duty on Imports of Steel Products from various nations including China [Read Notification]")
Budget 2021: Time Limit for Re-Assessment is reduced, Serious Tax Evasion Cases can be re-opened within 10 Years [Read Finance Bill]
The Finance Minister, Nirmala Sitharaman while announcing the Budget 2021-22 has proposed to reduce Time for Income Tax Proceedings. The Finance Minister in the Union Budget 2021 recommendations...
Set back to Charitable Organisations: Budget 2021 disallows Carry Forward of loss by Charitable Organisations [Read Finance Bill]
The Finance Minister, Nirmala Sitharaman while announcing the Budget 2021-22 disallowed the Carry Forward of loss by Charitable Organisations. “In order to provide certainty, it is proposed to...
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...
