Keeping in mind the potential of micro, small and medium enterprises (MSME) in these turbulent times, Finance Minister Nirmala Sitharaman said banks cannot refuse credit to MSMEs under the emergency credit facility. “If refused, such instances must be reported,” she said. “I

A New Tab has been enabled in GST Portal “Download Table 8A Document Details” while filing GST Annual Return. A list of invoices appearing in GSTR-2A auto-populated by the GST Portal in Table 8A of GSTR-9 is made available now.

Scrutiny by the Income Tax Department reduced to 0.25 per cent of the total Income Tax Returns (ITRs) in assessment year 2018-19 after rising to 0.55 per cent in the assessment year 2017-18, the year of demonetisation, data tweeted by the

Today, we are going to learn “How to Download ITR” as well as XML file and ITR form for any assessment year. Follow below steps to download ITR: 1.Go to Income Tax India Website and click on Login Here as shown

Today, we are going to learn “How to File ITR” in 10 easy simple steps. Just follow below steps: 1. Go to Income Tax India Website. This is the official website and through which you are going to learn ‘How to

Instead of sending ITR-V to CPC, Bengaluru, just use any of these simple methods to e- Verify your ITR quickly It’s Quick, Convenient and Eco-friendly We are going to learn how to e verify ITR in Easy Steps. Just follow the below

When is capital gains tax charged? Any profits or gains arising from the ‘transfer’ of a ‘capital asset’ effected in the previous year (other than exemptions) shall be chargeable to Income-tax under capital gains tax head in the previous year in

The Central government move to alter the Goods and Services Tax (GST) compensation-sharing formula citing a fall in tax collection will intensify the State’s fiscal crisis and seriously impact the relief and welfare initiatives being taken up to ease the COVID-19

Telangana’s tax revenue dipped to nearly Rs.1,080 crore in April as the financial year began with the COVID-induced lockdown which hit the State’s revenues. The State’s total tax revenue in April 2019 was Rs.5,226.90 crore. According to the Comptroller and Auditor

CBIC issued Revised Format/Schema for E-Invoicing in Form GST INV-01 for Taxpayers having Turnover above 500 Cr w.e.f. Oct 01, 2020 CBIC vide Notification No. 60/2020 & 61/2020 – Central Tax both dated July 30, 2020, has made amendment in the