News

The Due Date to file GSTR-1, the statement of outward supply for the month of December 2024 is 11th January 2025.

GSTR-1 Filing Caution: Take care of this before filing GST Return

Finance Minister Nirmala Sitharaman stated on Saturday that the GST would not be collected on penal charges imposed on borrowers by banks or financial institutions.

No GST on Penal Charges levied by Banks on Borrowers: FM

Union Budget 2025 is expected to be present by FM on Feb 1, 2025. Taxpayers are eagerly hoping for future improvements that may alleviate their financial burden.

Budget 2025: Key Reforms that will make New Tax Regime better

This year, Income Tax Rebate u/s 87A has become a new topic of discussion for taxpayers. The ITR Filing Utility has been updated again to give rebate under Section 87A.

Income Tax Rebate u/s 87A: New Update in ITR Utility

Notifications

The Revenue Department has designated the Additional/ Joint Director (Intelligence) of DGGI as the nodal officer for the purposes of the said rules.

Ministry of Finance appoints Nodal Officer for purpose of IT and GST Act

IT Department has notified that a Unit of International Financial Services Centre shall not be considered as buyer for the purposes of the sec 206C(1H).

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

GSTR-1 Filing Caution: Take care of this before filing GST Return

No GST on Penal Charges levied by Banks on Borrowers: FM

Budget 2025: Key Reforms that will make New Tax Regime better

Income Tax Rebate u/s 87A: New Update in ITR Utility

Ministry of Finance appoints Nodal Officer for purpose of IT and GST Act

No TCS u/s 206C(1H) if goods sold to International Financial Services Centre