Month: November 2020

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

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 ...