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To rectify the experience of the assessee the income tax department would have opted a significant step through initiating the newly updated national website, www.incometaxindia.gov.in. The website secures an upgraded user interface, helpful additional features, and new modules to uphold growing technology. Nitin Gupta, the Chairman of the Central Board of Direct Taxes (CBDT), launched […]
Punjab Finance Minister, Harpal Singh Cheema, introduced the State Intelligence and Preventive Unit (SIPU), and the Goods and Services Tax (GST) Prime on April 13. It is an analytical tool for State GST officers to examine and track the collection of tax and compliance under their authority. The introduced system carries out the demands of […]
The availability of less expensive cell phones with more features, along with the spread of inexpensive internet in rural India fueled by the Digital India campaign, has forced service providers to change the way services are delivered. As a result, over the past few years, the number of players in advertising, media, and education, has […]
At the end of the next year, the centre would have intended to set the GST appellate tribunals (GSTATs) in the country with the principal bench in New Delhi to solve the issues concerning the indirect tax and facilitate doing business and increase the collection of taxes. Despite the launch of the GST, the country […]
The Apex court admitted that the petition furnished by the GST department with respect to the order of the Odisha High court in which the High court ruled that ITC would be available for the paid GST during the construction of the immovable property for the purpose of rent. The applicant, M/s Safari Retreats Pvt […]
Taking the decision to stop the GST theft, the Kerala government will incorporate a mobile application in which people would enable to upload the original bills and could have the chance to win prizes. Through the help of the Lucky bill mobile app, the state government seeks to raise the collection of taxes since people […]
Budget 2022 has tightened laws for non-income tax return filers. In the present times when the person does not furnish the ITR for the former 2 years and the TDS and TCS in the said years more than Rs 50000, an individual is subjected for TDS or TCS with the higher rates in the ongoing […]
The senior council Revenue department of Andhra Pradesh head by Special Chief Secretary Rajat Bhargava, and Central and State GST officials talks about the methods to get optimized for good execution of GST acts in the state tax chief commissioner. The participants have an urge towards the coordination amid the center and the state tax […]
Now new Income Tax Compliance has been brought into effect by the Central Board of Direct Taxes that shall be applicable retrospectively with effect from October 1, 2020. In an attempt to widen the tax net, the government of India has stretched the scope of the Tax collected at Source (TCS) by adding a new […]
