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Budget 2021 - Pre-filled Income Tax Returns - Taxscan

Budget 2021 proposes Pre-filled Income Tax Returns [Read Finance Bill]

The Union Finance Minister in here Budget 2021 has proposed the Pre-filled Income Tax Returns. The Finance Minister said that, in order to ease...

Taxing Virtual Currencies

Budget 2021 - Finance Minister - Nirmala Sitharaman - Pre-Budget Meetings - Budget Scan - Taxscan

Budget 2021: Finance Minister Nirmala Sitharaman concludes pre-Budget meetings

Central Govt. announces LTC cash voucher scheme to stimulate consumer spending to boost economy...

Refund to be disbursed in a Validated Bank Account linked with PAN & Aadhaar of the registrant, says...

[Breaking] GST Council allows Quarterly filing of GSTR-3B for less than 5cr Turnover

The 42nd GST Council Meeting held today has decided to allow the quarterly filing GSTR-3B returns having less than five crores turnover. This facility will be available from January 1st, 2021....

CAROTAR 2020 to be effective from Sep 21st: CBIC’s strict Scrutiny of Imports to prevent FTA misuse

The Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 (CAROTAR, 2020), notified on 21st August, 2020, shall come into force from 21st September, 2020 upon...

CBIC invites suggestions for Review of Customs Duty Exemption Notifications/Laws & Procedures at MyGov Innovate portal

The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday invited the suggestions for review of Customs duty exemption notifications/laws & procedures at MyGov Innovate portal. The last...

GST Day: Nirmala Sitharaman ensures economic growth on 3 years of GST

The Finance Minister, Nirmala Sitharaman in her message on the Goods and Service Tax (GST) Day ensures all the economic growth to all the countrymen. While highlighting the History, the Finance...

Govt. allows direct Listing of Securities by Indian Public Companies in Permissible Foreign Jurisdictions

In a Press Conference held yesterday, the Minister for Finance and Corporate Affairs Nirmala Sitharaman said that the Central government will allow direct listing of Securities by Indian Public...

Govt. to decriminalise Minor Technical and Procedural Defaults under the Companies Act

The Central Government to decriminalise the violations involving minor technical and procedural defaults (shortcomings in CSR reporting, inadequacies in board report, filing defaults, delay in holding...

TDS / TCS Rates reduced 25% till March 31, 2021: Finance Minister

In order to provide more funds at the disposal of the taxpayers, the rates of Tax Deduction at Source ( TDS ) for non-salaried specified payments made to residents and rates of Tax Collection at...

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