# tax
12 posts in `tax` tag

Indian Income Tax Act Modifications Supreme Court Retroactive Application Section 153C
In a recent decision, the Supreme Court highlighted a change in Section 153C of the Income Tax Act, stating that it will now apply retrospectively to cases predating the amendment.

Identifying Fake GST Bills Report Complete Process
The Goods and Services Tax (GST) system, introduced in India in 2017, aimed to simplify the indirect tax structure by replacing various taxes like VAT and service tax.

Guide to the Duty Drawback Scheme under the GST Act 2017
A Comprehensive Guide to the Duty Drawback Scheme under the GST Act 2017: Exploring Various Provisions

Income Tax Calendar for December 2023: Key Deadlines You Should Not Miss This Month
All taxpayers must be mindful of important deadlines related to their income tax responsibilities. December 2023 presents several key dates that require attention.

Tax Deadline Reminder: File Your Updated Return for Assessment Year 2021-2022
The Income Tax Department reminds taxpayers of the approaching deadline to file the Revised Income Tax Return (ITR) for the Assessment Year 2021-2022.

Check EPF Balance Online SMS Call UMANG
How to check epf balance online: The EPFO annually credits interest to over 24 crore EPF accounts. For FY 2022-23, the interest rate is 8.15%, announced in June 2023.

CII Survey Accelerated Income Tax Refund Procedure
The survey, presented to Finance Minister Nirmala Sitharaman, indicated that 83% of surveyed individuals and 85% of firms reported an increased trust in the Income Tax Department.

GST E-Way Bill Guide Required Documents Format Exemption Validity
An Eway bill, short for Electronic Way Bill, is a document introduced under the Goods and Service Tax (GST) system to monitor the transit of goods.

Zomato Swiggy GST Demand Notices Rs 750 Crore DGGI
The Directorate General of GST Intelligence (DGGI) has reportedly issued GST demand notices to Zomato and Swiggy, amounting to Rs 400 crore and Rs 350 crore, respectively.

CBDT Deactivates 11.5 Crore PAN Not Linked Aadhaar
The deadline for linking PAN (Permanent Account Number) with Aadhaar cards was on June 30 this year. Out of the 70.24 crore PAN card holders in India, 57.25 crore have successfully linked their cards with Aadhaar, as reported by a newspaper.

Union Budget 2023: What To Expect & Where You Can Watch It Live
Budget 2023 will be submitted in paperless forms, as were the previous two. This will be the Modi government's first full-fledged budget before the 2024 Lok Sabha elections.

Statutory & Compliance Calendar For November 2023
Therefore to keep you updated on the various statutory and compliance deadlines we have put together a consolidated compliance calendar for November 2023 that shows all the important due dates.