New GST rules: Big news! Know what will change from 1st April with the new system, know immediately

  New Delhi : The month of March is about to end. The new financial year will start from 1st April and with this there are many such big rules in which changes are taking place. The changes in the rules from April 1 will directly affect your pocket. From this day the rules of […]

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PM Ujjwala Yojana: Users Can Avail Gas Cylinder & Stove under this latest scheme

  New Delhi : PM Ujjwala Yojana: Under Ujjwala Yojana 2.0, government oil companies have distributed 79 lakh LPG connections till the end of November. This information was given by the Union Minister of State for Petroleum and Natural Gas, Rameshwar Teli in reply to a question in the Lok Sabha. The maximum number of […]

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RBI calls for fuel tax cut: government says watching price situation

    NEW DELHI: The government is monitoring fuel prices in the country while having taken several steps to control inflation, finance minister Nirmala Sitharaman told the Parliament on Tuesday. The minister, in a written reply to a question in Rajya Sabha, acknowledged that the Reserve Bank of India (RBI) monetary policy committee had in […]

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GST  officials  tap  radio  frequency data to detect tax evasion, fraud

  NEW DELHI : Goods and services tax (GST) authorities have started detecting instances of tax evasion by identifying mismatches between electronic permits issued for transporting goods and the data from radio frequency tags that commercial vehicles use to pass through toll plazas. GST officials are now identifying vehicles that pose a risk of revenue leakage […]

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GST Return Deadlines Extended, Late Fee Waived Due to 2nd Wave of COVID-19

The government has extended the deadlines for routine Goods and Services Tax compliances, reduced the interest charged on delayed tax payments and offered late fee waiver for taxpayers, granting these concessions for a limited time window of a fortnight to a month, effective May 1. The Finance Ministry has said this is being done in view of the challenges […]

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GSTN Launched Pre-Filled Tax Forms: Check List of Benefits

Goods and Service Tax Network (GSTN), the company that processes GST returns, said on Sunday it has rolled out auto-populated monthly tax returns for businesses, which makes tax filings easier and improves compliance. A statement from GSTN said that auto-populated tax return forms showing the summary of monthly transactions (form 3B) will be available from […]

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