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Income Tax Department Notifies Guidelines on New TDS Rule’s Applicability: Know Here

The Central Board of Direct Taxes under the Income Tax department has notified fresh guidelines in connection with the applicability of a new TDS provision related to receiving...

Investors lose Rs 1.2 turnover as LIC shares tumble 20% below the issue price

Since the exchange listing, The shares of the LIC are tumbling, causing heavy depreciation in their portfolios, leading to a bad experience for those...

Income Tax Portal Not Hacked, Says Government, Asks Infosys To Fix Glitch

The Income Tax Department on Tuesday said software services provider Infosys has been directed to look into the issue relating to the malfunction of...

GST collection crosses ₹1.40 lakh crore mark 4th time since inception of GST; 3rd month at a stretch since March 2022

The gross GST revenue collected in the month of May 2022 is ₹1,40,885 crore of which CGST is ₹25,036 crore, SGST is ₹32,001 crore, IGST is ₹73,345 crore (including ₹ 37469 crore collected on import...

Cabinet allows procurement by cooperatives through GeM portal

Cabinet approves Expanding the mandate of Government e-Marketplace - Special Purpose Vehicle (GeM - SPV) to allow procurement by Cooperatives as Buyers. The move...

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FAQs on Filing for Registration by provider of OIDAR (Online Information and Data Base Access or Retrieval Services)

1. What are OIDAR Services? Online information and database access or retrieval services mean services provided by the means of Information Technology, over the internet or electronic network, such as...

FAQs on Grant of UINs Under GST Regime

1. What does UIN stand for? UIN stands for Unique Identity Number, granted to UN Bodies and Embassies on the basis of letter issued by the...

FAQs on Registration by Non-Resident Taxable Person

1. Are there any preconditions before I can apply for Registration as a Non-Resident Taxable Person? A Non-Resident Taxable Person must fulfill the following conditions...

FAQs on Registration by Input Service Distributor

1. Who are Input Service Distributors? Input Service Distributor (ISD) under GST includes an office of the supplier of goods and/or services which receives tax...

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