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17.58 crore GSTR-3B returns filed till 17th June 2019

25 June 2019 at 11:16

The implementation of GST has led to the removal of cascading effect of taxes in the economy as well as promoting free movement of goods across States, thereby creating �one nation, one market�. A simplified tax regime has resulted in red

Posted in GST | 2 comments | 6498 Views

Proposal to integrate a FASTag Bank Mechanism with e-way bill

25 June 2019 at 11:16

The Government proposes to integrate a FASTag Bank Mechanism with e-way bill and Logistic Data Services to track movement of goods and check GST evasion. The Government is contemplating integration of E-Way Bill mechanism of GST with FASTag System of

Posted in GST | 2493 Views

6,49,39,586 Income Tax e-returns filed in 2018-19

25 June 2019 at 11:16

There is a marked increase in the number of income tax filed through e-filing. The number of e-Returns submitted for Assessment Year 2018-19 is 6,49,39,586 as against 5,47,30,304 e-Returns filed for the Assessment Year 2017-18, thereby marking a rema

Posted in Income Tax | 3 comments | 7116 Views

Printing process for General Budget 2019-20 commences with Halwa Ceremony

24 June 2019 at 11:57

Halwa ceremony marking the commencement of Budget printing process for the General Budget 2019-20 was held in North Block here today afternoon in the august presence of the Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman.

Posted in Union Budget | 2 comments | 2967 Views

One person arrested for taking 16 crore fraudulent ITC credit

24 June 2019 at 11:57

The Directorate General of GST Intelligence Hqrs. arrests one person in connection with the taking by two firms ITC fraudulently to the tune of more than Rs.16 CroreThe Directorate General of GST Intelligence Hqrs. (DGGI Hqrs.) has arrested one perso

Posted in GST | 9 comments | 13794 Views

Notification on blocking of e-way bill postponement to 21st August

24 June 2019 at 11:57

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 25 /2019 – Central TaxNew Delh

Posted in GST | 2910 Views

Important issues to keep under consideration by AO while framing assessment

24 June 2019 at 11:57

Circular No. 12/2019 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, the 19th of June, 2019 Subject: 'Assessment of Firms'- some of the important issues to be kept under cons

Posted in Income Tax | 5241 Views

Decisions taken by GST council in 35th meeting

21 June 2019 at 20:30

GST Council decisions on rate changes on supply of good and servicesThe 35th GST Council Meeting was held here today under the chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. This was the first meeting of the C

Posted in GST | 26 comments | 46335 Views

NABARD invites applications for appointment of internal auditor

21 June 2019 at 11:56

NABARD Consultancy Services Private Limited (NABCONS)A Wholly owned subsidiary of NABARDAn ISO 9001:2015 CompanyNABARD Consultancy Services Private Limited invites applications for the appointment of Internal Auditor at Corporate Office, Delhi. Terms

Posted in Audit | 1 comments | 4464 Views

Result of examination for GST practitioners held on 14 June 2019

21 June 2019 at 11:56

RESULT OF EXAMINATION OF GST PRACTITIONERS HELD ON 14.06.2019 National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has conducted examination for confirmation of enrollment of Goods and Services Tax Practitioners (GSTPs) in terms of secon

Posted in GST | 8055 Views