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GSTAT: West Bengal Govt announces 2 tribunals to be Functional from October 1st 2023

Navasree A.M

The West Bengal Government has announced that two-GST appellate tribunals will be functional from October 1st 2023. The same was stated by the...

Budget 2022: Virtual Digital Assets to be Taxed at 30% and 1 % TDS on Transfer of Virtual Digital...

229 Taxmen died of COVID-19

Finance Ministry - Pending Tax Litigations in India - Taxscan

Finance Ministry reveals Number of Pending Tax Litigations in India

GST Compensation due to States at Rs 1.51 lakh crore, reasons for revenue shortfall: Centre to Lok...

Companies (Amendment) Bill, 2020: Step to Decriminalise Minor Procedural Lapses introduced in Lok Sabha [Read Bill]

The Government of India has introduced the Companies (Amendment) Bill, 2020 in Lok Sabha with the motive to decriminalise the procedural lapses. The Government of India with the objective to ease the...

Govt to reduce GST Rates, says MoS Shiv Pratap Shukla

The Minister of State for Finance, Shiv Pratap Shukla said on Thursday that the GST Council is working on rationalising Goods and Service Tax (GST) rates. A big announcement from the government...

Govt relaxes Norms for National Pension Scheme

The Government of India has relaxed norms for National Pension Scheme ( NPS ). It has recently made three changes in the NPS including withdrawal norms. The details are as under: Partial...

Linking Aadhaar with PAN will Reduce the Number of Fake PANs, says Santosh Kumar Gangwar

Permanent Account Number (PAN) is the key identifier of taxable entity and aggregator of all financial transactions undertaken by one person. One PAN for one person is the guiding principle for...

RBI sets up Supervisory Colleges for 6 Scheduled Commercial Banks which have Sizeable International Presence

Reserve Bank of India (RBI) has informed that Supervisory Colleges have been setup for the following six Scheduled Commercial Banks which have sizeable international presence:- State Bank of India,...

GSTN Registration crosses 77.5 lakhs, says MoS Santosh Kumar Gangwar

The total number of GSTN registration has crossed is 77,55,416 till the 18th July, 2017 said Santosh Kumar Gangwar Minister of State for Finance in written reply to a question in Lok Sabha today. No...

Govt Constitutes Central Monitoring Committee headed by Cabinet Secretary to monitor Impact of GST

The Government of India has setup a Central Monitoring Committee headed by the Cabinet Secretary P.K Sinha. Three meetings of the Central Monitoring Committee have been held on 2nd July, 11th July...