Measures taken by Government to reform Direct Tax regime
Over the last few years, in order to provide a non-intrusive and non-adversarial tax ecosystem, the Government has taken various measures to reform t ...
No requirement of scrip wise reporting for day trading and short-term sale or purchase of listed shares
There was a report in certain section of media that stock traders/day traders are required to furnish scrip wise details in the return of income for ...
Aatma Nirbhar Bharat Package – Progress So Far
Hon’ble Prime Minister Shri Narendra Modi on May 12th, 2020, announced the Special economic and comprehensive package of Rs. 20 lakh crore - equivale ...
Rs 1,05,155 crore of gross GST revenue collected in the month of October 2020
The gross GST revenue collected in the month of October, 2020 is ₹ 1,05,155crore of which CGST is ₹ 19,193 crore, SGST is ₹ 25,411 crore, IGST is ₹ 5 ...
Income-tax Exemption for payment of deemed LTC fare for non-Central Government employees
In view of the COVID-19 pandemic and resultant nationwide lockdown as well as disruption of transport and hospitality sector, as also the need for ob ...