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Start Up India Scheme - DPIIT - Income Tax Exemptions - TAXSCAN

Start-Up India Scheme: Less Than 5% of Andhra Pradesh's DPIIT-Recognized Ventures Benefit from Income-Tax Exemptions

Navasree A.M

In a concerning revelation, less than 5% of the 1,869 startups in Andhra Pradesh, recognized by the Department for Promotion of Industry and Internal...

GoM set to reconsider GST Rate Rationalisation

Reduction in GST Share: No Plan to Provide Special Assistance to States like Kerala, says Centre

Kerala's Disappointment: Union Finance Ministry Allocates Only One GST Appellate Tribunal Bench,...

Finance Minister Nirmala Sitharaman Chairs 50th GST Council Meeting: Expects to Address Public Soon

Reimbursement of GST delayed due to Negligence of Tax Officer: Jammu & Kashmir and Ladakh HC directs to Pay 9% Interest [Read Order]

The High Court of Jammu & Kashmir and Ladakh directed to allow 9% interest on the delayed amount of Reimbursement of Goods and Service Tax (GST) due to negligence of the tax officer. Greenland...

MSME Associations Demand GST Revision, Separate Funding Package, and Expansion of Domestic Market

On March 5, a conference organized by various Micro, Small, and Medium Enterprises ( MSME ) associations was held in Coimbatore, Tamil Nadu, where attendees demanded that the union and state...

Allow Separate GST Slab for MSME products: FOCIA to Union Government

The Central Government was urged by the Federation of Coimbatore Industry Associations to create a distinct Goods and Services Tax (GST) slab for the goods produced by Micro, Small, and Medium...

Income Tax Alert! Link PAN-Aadhaar before deadline or Salary could be Stopped From Next Month

The deadline to link your Permanent Account Number with your Aadhaar number is nearing. The last date to link Permanent Account Number (PAN) with Aadhaar has been extended to June 30, 2021. As per...

Govt. extends Emergency Credit Line Guarantee Scheme by one month

The Union Government has extended the Emergency Credit Line Guarantee Scheme (ECLGS) by one month till November 30th, 2020, or till such time that an amount of Rs. 3 lakh crore is sanctioned under...

Emergency Credit Line Guarantee Scheme - Taxscan

Commerce Ministry issues Interim Relief to SEZ units in Lease Rent amid COVID-19 [Read Circular]

The Ministry of Commerce and Industry on Monday issued interim relief to the Special Economic Zone (SEZ) units in lease rents due to the COVID-19 outbreak. The Union Government has said that there...

SEZ - CBDT - Environment Protection - Taxscan

Budget 2020 proposes availment of ITC through Fake Invoice as a Non-Bailable Offence

The Union Budget for the year 2020-21 has made the availment of benefits of Input Tax Credit (ITC) by the fraudulent means which is by making fake invoices is a non-bailable and cognizable offence....

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