E-way bill generation facility will be blocked for taxpayers who haven't filed GSTR-3B for two or more tax period from October 15, 2020, says CBIC

The government on Tuesday gave permission to 20 states to raise an additional Rs 68,825 crore through open market borrowings

Finance Ministry sources said the government will decide on challenging the award before a court in Singapore - which was the seat of the arbitration, after taking legal opinion

Corporate India has seen a substantial decline in tax litigations of late, helping government unlock revenues. Once annual compliances are streamlined and new law settles in, there could be a flurry of proceedings, which would lead to an increase in disputes

The Central Board of Indirect Taxes and Customs (CBIC) said even after more than nine months of the first notification, some businesses are still not ready

Era Infra sees no immediate closure even after three years, as litigation and procedural delays slow down the insolvency process

While the clarifications were much awaited, some of them may require immediate changes to business processes and the assessees have only one day before the provisions come into effect

Trump signed an executive order on Aug. 14 giving ByteDance 90 days to sell TikTok, amid concerns that the personal data of as many as 100 million Americans that use the app could be passed on to China's Communist Party government

BT's panel of experts on how to fire up the four engines of the economy - and where to find the money

TRAI's no-intervention stance would mean that consumers of OTT services can communicate with each other without being worried about anybody snooping on them

DMK legislator P Thiagarajan's comments come while the government is scrambling to find money to fund its key expenditure programmes

Not only India's relief packages are grossly inadequate it is not even spending enough to revive demand in the crisis-hit economy; what is needed is clear: more fiscal spending, not \"keeping the power dry\" for future stimulus or unrealistic claim of a V-shaped recovery

CBIC, upon investigation on 62 customs brokers, found that they had handled around 15,290 export consignments of 1,431 untraceable exporters

This is Part I of two-part article revisiting critical economic decisions that eventually led to minus 23.9% growth in Q1 of FY21. Blaming exogenous factors (pandemic) or intense lockdown is merely an excuse to divert attention from government's ineptitude and thwart meaningful debate

Gross mismanagement of the economy, starting with demonetisation in November 2016 and continued with untimely, unplanned and sudden nation-wide lockdown has compounded the GST problem. Centre's refusal to pay compensation to states now may derail it completely

The Central Board of Direct Taxes (CBDT) on Tuesday allowed income tax authorities to share taxpayers' information with scheduled commercial banks

Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report

The Central Board of Indirect Taxes and Customs (CBIC) has constituted a group of officers to complete consultation exercise with industry bodies

The GST Council, comprising centre and state finance ministers, in its 39th meeting in March had decided that interest for delay in payment of GST to be charged on net tax liability with effect from July 1, 2017, and law would be amended retrospectively

The CBIC said that the board has decided to make it mandatory for various authorities, such as Commissioner (Appeals) to conduct personal hearing in virtual mode in cases relating to Central GST (CGST) and Integrated GST (IGST)