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CBDT clarifies Direct Tax Vivad se Vishwas Scheme, 2020, withdraws Circular

The Central Board Direct Tax (CBDT) issued a clarification on Direct Tax Vivad se Vishwas Scheme, 2020 wherein the Board has updated the Frequently...

Payment Date under Sabka Vishwas Scheme extended till June 30th: FM Nirmala Sitharaman

Vivad se Vishwas Scheme: No Additional 10% Amount If Payment made by June 30, says FM

Vivad se Vishwas - Finance Minister - Chartered Accountants - Taxscan

Finance Minister reaches out to Chartered Accountants for promoting Vivad se Vishwas Scheme

Yes Bank Crisis: Withdrawal limit capped at INR 50k after RBI’s Action [Read Notification]

Finance Commission to hold meeting with Finance Ministers of all States

The Finance Commission will hold a consultation meeting with the Finance Ministers of all States on 13th March 2020 in New Delhi. This is to discuss issues related to the final report of the Finance...

Finance Commission Committee - Fifteenth Finance Commission - Finance Commission -Taxscan

India’s GST Council having problems Figuring out Gaming Taxes

India’s GST (Goods & Services Tax) Councils practically rewrote the tax code a few months prior without actually changing anything. It decided to just translate it to the current language and, as...

West Bengal Budget proposes Amnesty Scheme to settle Pre-GST Dues

The West Bengal State Budget 2020 has proposed an Amnesty Scheme to collect disputed taxes prior to the GST — under VAT, central sales tax and entry tax. West Bengal finance minister Amit Mitra in...

Kerala Budget 2020: Tax Rates of Motor Vehicle and Land Hiked

The Finance Minister of Kerala, TM Thomas Isaac has proposed the budget for the year 2020-21. The significant announcement made by the Kerala government was that it raised the tax rates of motor...

Kerala Budget 2020 - Finance Minister - Thomas Issac - Tax Rates of Motor Vehicles - Taxscan

Vivad se Vishwas Scheme: All You Need to Know [Read Bill]

The Vivad se Vishwas scheme was announced by Union Finance Minister Nirmala Sitharaman during her budget speech on February 1, 2020. Given below is all the aspects you have to know about this amnesty...

Budget 2020: New and Changed Proposed TDS rates

Finance Minister Nirmala Sitharaman has proposed new changes in TDS provisions. New TDS rate chart for Assessment Year 2020-21 and 2021-22. Amended Sections TDS Rates in AY 2020-21 TDS...

ICAI invites suggestions on Tax Proposals of Union Budget 2020

The Institute of Chartered Accountants of India (ICAI) has invited the suggestions on Tax Proposals of Union Budget 2020. The Finance Minister Nirmala Sitharaman has presented the Union Budget...

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