Central Scrutiny Cell & Online Hearings in MCA w.e.f 1st October, 2021

Central Scrutiny Cell & Online Hearings in MCA w.e.f 1st October, 2021

MCA i.e. Ministry of Corporate Affairs recently released a Press Release No. 1695473 dated 05th February, 2021 regarding the Implementation of MCA 21 Version...
Chartered Accountancy Exams To Be Held Thrice A Year From 2024

Chartered Accountancy Exams To Be Held Thrice A Year From 2024

New Delhi: The Council of The Institute of Chartered Accountants of India (ICAI) has taken a major decision of conducting the Chartered Accountancy (CA)...

Telangana Commercial Taxes Department unearths illegal GST refund of ₹25.65 crore

Telangana Commercial Taxes Department has unearthed an illegal GST (Goods & Services Tax) refund of ₹25.65 crore allegedly by three firms following searches and...
Real Estate Firms Seek GST Resolution

Real Estate Firms Seek GST Resolution

In a concerted effort to address concerns surrounding Goods and Services Tax (GST) notices, prominent real estate companies have approached the Finance Ministry for...

India Get’s A New DFI – How will it Work ?

India will set up a new development finance institution called the National Bank for Financing Infrastructure and Development, Finance Minister Nirmala Sitharaman said as...
Dream 11 Reached Massive 20 Crores Users Base Despite 28% GST Woes

Dream 11 Reached Massive 20 Crores Users Base Despite 28% GST Woes

Fantasy gaming unicorn Dream11 has clocked in 200 million registered users at a time when the real money online gaming sector is reeling under...

Budget 2021 :- Summary of All Changes in GST

Changes in GST Highlights by Budget 2021 Goods and Service Tax           Note: (a)       CGST Act, 2017 means Central Goods and Services Tax Act, 2017         ...

The ERA of ‘BAD BANK’ Begins- Budget 2021’s Most BOLD Initiative

What's a Bad Bank ? - Why Markets Go Gang-Ho ! Finance minster Nirmala Sithraman on Monday, while presenting the Union Budget for 2021-21, announced that...
No Interest if GST Cash Ledger Balance Sufficient even if GSTR-3B Belated - Madras HC {Full Order}

Delhi GST Systems to go Faceless: FM Atishi

Delhi Govt to implement digitalisation and Faceless systems for Goods and Services Tax Services, hints FM Atishi Finance Minister Atishi outlined the State Government’s initiative...

Bitcoins – Income Tax, GST & International Tax Havens

Taxation of Bitcoins- Income Tax, GST, Tax Havens, Income Tax Return Disclosure and Country Wise Analysis of Tax Structure If you interested to understand the...

76 Amendments in Income Tax by Budget 2021 – Compilation of Full Details

Summary of 76 Amendments in Income Tax by Budget 2021 The provisions of Finance Bill, 2021 (hereafter referred to as "the Bill"), relating to direct...

5 Key Negative Amendments in Income Tax Hidden Between the Lines

1. Time Period to File Belated / Revised Returns Reduced by 3 Months Sub-sections (4) and (5) of section 139 of the Act contain provisions...