Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
COVID-19 Pandemic is causing a lot of damage to the world, due to it most of the industries have been put on halt and carpet exporters are struggling to recover and regain their strength in the global market. They recently requested the Government to expedite the release of pending duty drawback claims and GST refund […]
As per the recently released Government reports and statements a 13% drop has been reported in Gross Direct Tax These types of taxes are directly imposed and paid to the government of India. Example of Direct Tax is Income Tax, TDS, Securities Transaction Tax, Fringe Benefit Tax, etc collection in this year up to May […]
In the second week of April 2020, the Income-tax department asked taxpayers to keep their e-filing account safe, and the Income-tax department along with CIBIC asked taxpayers to beware of phishing attacks in which emails will be received regarding a refund. A phishing attack is not the only thing to concern in this situation, GST […]
Whenever we log in to our income tax account, the first thing that flashes on the screen is the pop-up to update our contact and residential details. We often tend to hit the skip button and move on with other crucial tasks. If the details are already updated then it’s good but if not then […]
The Central Board of Indirect Taxes and Customs (CBIC) has refunded a total of more than Rs. 10,700 crores as refund under the Goods and Services Tax (GST) and Customs. The refund amounts for the period from 8th April 2020 to 23rd April 2020. The CBIC has done a marvellous job in refunding the claims […]
‘Circular No. 22/2020-Customs’ has been released by Central Board of Indirect Taxes & Customs (CBIC) on 21st April 2020 Yesterday. The circular has been released to inform Exporters about the decision taken by authorities to extend the facility of SB005 error correction in the Customs EDI system for Shipping Bills with a date up to […]
If you think you have made a mistake while selecting between new and old tax regimes then here is the way to switch back to the scheme you desire: Through the Current Financial year’s Budget, Union Minister Nirmala Sitharaman announced the new tax regime as voluntary compliance. Taxpayers, especially employees are allowed to choose between […]
This year’s Budget has provided an option for taxpayers to opt-in for a new tax regime with lower tax rates, but it will be without the tax exemptions as well as deductions. Recently on 13th April, a circular was issued by the Central Board of Direct Taxes instructing all employers to obtain a declaration from […]
The Government of Kerala has launched an Amnesty Scheme 2020 to settle the liabilities of the tax arrears arising during Pre GST (Goods and Services Tax). The government has introduced the scheme for the purpose of settlement of tax liabilities of arrear assessees before the introduction of GST to clear the backlog of taxes. The […]
