News

Banks in India will be closed for the next three days due to Good Friday (April 7, 2023), Second Saturday (April 8, 2023) and Sunday (April 9, 2023).

Banks to remain closed for next 3 days starting tomorrow; Check Details

A consignment of roughly 2 kg gold ornaments worth Rs.1.10 crore was seized in Hamirpur on Tuesday during a GST evasion operation by State Taxes and Excise Department.

HP Excise Department seized Gold worth Rs.1.10 Crore

Punjab Vigilance Bureau (VB) arrested Ankush Sareen, CA from Ludhiana, for accepting a bribe of Rs 26 lakh from a man in name of income tax officers located in Chandigarh.

Ludhiana based Chartered Accountant arrest by Vigilance Bureau for taking Rs.26 Lakh Bribe

Circulars

The Central Board of Direct Taxes(CBDT) has issued Clarification regarding deduction of TDS under section 192 read with sub-section (1A) of section 115BAC of the Income-tax Act, 1961 via issuing Circular.

TDS on Salary Under New Tax Regime: CBDT issued Clarification on TDS deduction under Sec 192

Businesses can rescind their cancellation of Goods and Services Tax (GST) registration by paying back taxes, interest, and fines. The government set a June 30, 2023 deadline.

Deadline for Revocation of Business GST Registration Cancellation till June 30

Government has no plans to use Aadhaar data for census purposes, said Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, in Lok Sabha.

Government has no plan to use Aadhaar Data for Census

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