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taxcompliance

CBDT Chairman Indicates Government May Decriminalize TCS Filing Delays in Finance Bill

By: Admin|August 02, 2024|Categories: Income Tax News|News The Union Budget has introduced various tax simplification measures, aiming to alleviate the compliance burden on taxpayers. One of the key highlights is…

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Rapido Liable to Pay GST on Cab Services: Karnataka AAR Rules

By: Admin|July 31, 2024|Categories: GST Recent News Introduction The Karnataka Authority for Advance Rulings (AAR) recently issued a significant decision impacting Rapido, a prominent ride-hailing platform operating in India. This…

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Government Reviewing Reintroduction of 15% Tax for New Units in FY26 Budget

By: Admin|July 30, 2024|Categories: Income Tax News|News The government is currently reviewing the outcomes of the 15% concessional corporate tax rate scheme, which concluded on March 31. Official sources have…

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Get GST Registration in Just 12.82 Days – Quick and Easy Process!

By: Admin|July 30, 2024|Categories: GST Recent News In a recent statement to Lok Sabha, Minister of State for Finance, Pankaj Chaudhary, disclosed that the average time taken by tax authorities…

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CBIC Uncovers Rs. 36,374 Crore Fake ITC in FY 2023-24: 9,190 Cases Detected

By: Admin|July 30, 2024|Categories: CBIC|GST Law|Press Release In a significant revelation, the Central Tax formations under the Central Board of Indirect Taxes and Customs (CBIC) uncovered a staggering Rs. 36,374…

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Finance Ministry Clarification: Tax Certificate Not Mandatory for All Traveling Abroad

By: Admin|July 29, 2024|Categories: Income Tax News|News Understanding Tax Clearance Certificates for Indians Travelling Abroad: Finance Ministry's Clarification In recent developments concerning international travel for Indian residents, the Union Finance…

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