The number of individuals reporting taxable income over Rs 1 crore in their tax returns skyrocketed from 44,078 in the assessment year...
Diwali is just around the corner, and with it comes the excitement of receiving gifts and bonuses from your employer. However, what...
AGroup of Ministers (GoM), tasked with reviewing the manner of Goods and Services Tax levy on life and health insurance premiums, has taken the view that term life...
The group of ministers (GoM) on GST compensation cess, under Minister of State for Finance Pankaj Chaudhary, on Wednesday discussed merger of...
The tax authorities have chosen to examine high-risk refund cases for the financial year 2023-24 (Assessment Year 2024-25) using statistical analysis of...
The amount of tax deducted from your salary depends on your earnings, tax slab, and the tax regime (old or new) you...
To tackle traffic congestion, the Delhi government is planning to introduce a congestion tax to reduce traffic during peak hours. According to...
The Ministry of Finance notified has the rules and procedures to be followed if a GST-registered taxpayer wants to apply for the ‘conditional waiver...
The deadline for submitting income tax audit reports using Form 10B/10BB has been extended for certain taxpayers. The new deadline for this category of...
IDFC FIRST Bank is working with GST officials to introduce more payment options, including UPI and card payments IDFC FIRST Bank has...