Business News

All Pending Income Tax & GST Refunds to be released Immediately

In a measure that is expected to provide relief to the taxpayers amid the outbreak of deadly coronavirus (COVID-19), the government on Wednesday decided to release all pending income tax refunds up to Rs 5 lakh immediately. The decision will come as relief for individuals who are facing cash crunch…

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Several Due Dates for Tax Compliance Extended…due to Corona Virus.

The outbreak of COVID-19 has caused immense loss to the lives of people, and accordingly, it has been termed as pandemic by WHO and the Government of India. Keeping in view the challenges faced by taxpayers in meeting the compliance requirements under such conditions, the Union Finance Minister had announced…

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Income Tax Return Filing Date Extended…. A Boon or Bane..!?

As you read the title of this blog… you already know that the due date for filing of Income Tax Return for Individuals and Non-Audit Assesees have been extended by 1 month from 31 Jul 2019 to 31 Aug 2019. So whats new about this post, it happens all the…

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GST now applicable on monthly RWA fee

For those of you… who were fortunate enough to get hold of their dream home from a developer…. Chances are this news will only bring some lines on your forehead. As if increasing cost of living in metros wasn’t enough for the ordinary Ram & Rahim, another incidence is now…

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