New Delhi [India], May 29 (ANI): The GST Council at its 43rd meeting held on Friday recommended full exemption from IGST on a number of specified COVID-19 related goods such as medical oxygen, oxygen concentrators and other oxygen storage and transportation equipment, certain diagnostic m
New Delhi [India], May 28 (ANI): In major decisions taken by the GST Council today, compliance burden of small taxpayers and medium-sized taxpayers has been reduced and an amnesty scheme has been recommended for reducing late fee payable, to provide relief to small taxpayers, informed Uni
New Delhi [India], May 7 (ANI): A public interest litigation (PIL) has been filed in the Supreme Court seeking direction to convert the religious and charitable places that enjoy tax benefits, into Covid Care Centers as well as cease any further transactions with immediate effect and utilise
New Delhi [India], May 2 (ANI): The Centre on Sunday announced various relief measures for taxpayers under Goods and Services (GST) law in view of the COVID-19 pandemic.
New Delhi [India], April 9 (ANI): Faceless assessment, faceless appeals and online facilities have provided confidence to taxpayers, so they are discharging their tax obligations and this is the main reason why direct tax collection surpassed revised budget estimate for 2020-21, says Cent
New Delhi [India], Apr 9 (ANI): Faceless assessments and appeals along with online facilities provided confidence in tax payers discharging their liabilities which led to direct tax collections surpassing the revised budget estimate for 2020-21, Central Board of Direct Taxes (CBDT) Chairman
New Delhi [India], April 1 (ANI): In an effort to provide immediate relief to the taxpayer amid the COVID-19 pandemic, the Central Board of Direct Taxes (CBDT) has issued refunds of more than Rs 2.62 lakh crore to more than 2.38 crore taxpayers during the Financial Year 2020-21.
New Delhi [India], February 10 (ANI): The income tax department on Wednesday said it has issued over Rs 1.91 lakh crore worth refunds to over 1.87 crore taxpayers between April 1, 2020, to February 8, 2021.
New Delhi [India], February 1 (ANI): The industry stakeholders gave thumbs up to the Union Budget presented by Finance Minister Nirmala Sitharaman on Monday, saying it gave a booster dose to the economy through six pillars of mega rise in capital expenditure on healthcare, physical infrastru
New Delhi [India], January 21 (ANI): Scores of taxpayers at the Goods and Service Tax Network (GSTN) experienced difficulties in accessing the GST portal on Thursday for a brief period after some ''unscrupulous elements'' caused a delay in GST network.
New Delhi [India], January 20 (ANI): The Central Board of Direct Taxes (CBDT) issued refunds of over Rs 1,76,217 crores to more than 1.65 crore taxpayers between April 1, 2020, to January 18, 2021, an official statement said here on Wednesday.
Canberra [Australia], January 5 (ANI/Xinhua): Australia's next federal election is likely to cost the country about an additional 30 million Australian dollars (USD 22.9 million) due to COVID-19 measures.