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1.03 cr Taxpayers have been registered under GST so far till 25th Feb, says Finance Ministry

Taxscan Team

17.65 lakh dealers got registered as composition dealers, said Finance Ministry. Total Revenue Collection under GST: The last date for filing of GSTR...

Govt. Notifies Revised DTAA between India and Kenya

Govt Launches New Self Help Portal for GST Queries

Direct Tax Collections for F.Y. 2017-18 show Growth of 18.7% up to 15th Jan, 2018

Govt Notifies 7.6% Interest applicable to Special Deposit Scheme [Read Notification]

Cabinet approves Bill replacing GST (Compensation to States) Ordinance

Reportedly, the Union Cabinet, on Friday approved a Bill replacing the Goods and Service Tax (Compensation to States) Ordinance. The Bill has been listed the bill for introduction in its Parliament...

UAE VAT: Finance Ministry announces Vice President’s nod to VAT Executive Regulation

The Ministry of Finance, MoF, Monday announced that the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, signed the Executive Regulation for the...

No Proposal Under Consideration to Withdraw Bank Cheque Book Facility, says Finance Ministry

In a section of the media, it has appeared that there is a possibility that the Central Government may withdraw bank cheque book facility in the near future, with an intent to encourage digital...

Finance Ministry, FTA to Conduct VAT Workshop for Government Entities in UAE

As two countries within the GCC - the UAE and Saudi Arabia - are ready to embrace a new tax regime in the form of Value Added Tax (VAT) on January 1, 2018, It is widely observed that UAE businesses...

Budget 2018: Finance Ministry invites Suggestions from Industry & Trade Associations [Read Letter]

The Ministry of Finance has invited Suggestions from the Industry and Trade Associations for Budget 2018-19 regarding changes in direct and indirect taxes. The Finance Ministry has invited...

Finance Ministry releases of Draft Notification on Conversion of Indian Branch of Foreign Bank into Indian Subsidiary Company

Comments/suggestions of Stakeholders sought on Draft Notification by 30th November, 2017. The Ministry of Finance has released Draft of Proposed Notification under Section 115JG (1) of the Income...

Finance Ministry advises Sellers to Quote UIN of the Foreign Diplomatic Missions / UN Organizations on the Tax Invoice

The Ministry of Finance has advised sellers to quote Unique Identification Number (UIN) of the Foreign Diplomatic Missions / UN Organizations on the Tax Invoice. Various representations have been...

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