For individuals and HUFs having income from profits and gains of business or profession
If you deposit more than Rs 50,000 in a single transaction, then you have to mandatorily quote your PAN as per income tax rules.
CBDT vide Circular No. 6 of 2023 dated May 24, 2023 issued clarification regarding provisions relating to charitable and religious trusts.
The Central Board of Direct Taxes (CBDT) has amended income tax rules to streamline and standardize the calculation and reporting of winnings from online gaming to improve tax compliance.
CBDT released the Tax Calculator for FY 2023-24 (AY 2024-25).
Small businesses that sell goods through e-commerce platforms fear a recently launched drive against fake GST registrations could hit them hard because many of them run operations
Higher penalty for cartels and greater leniency provisions introduced in competition law last month will go hand in hand in tackling cartels which are by nature difficult to prove, the corporate affairs ministry said in a monthly update
Taxpayers can now file returns for AY 2023-24 through Income Tax Return (ITR) forms ITR-1 and ITR-4 on the e-filing portal in online mode with prefilled data.
The Goods and Services Tax Network (GSTN), which is the technology interface between government and taxpayers, is due to be integrated with the country's ambitious financial data sharing network Account Aggregator before July 1
This is with reference to the communication received from Department For Promotion of Industry and Internal Trade (DPIIT) which is the Nodal Department for the Ease of Doing Business initiative of Government of India.