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

Aadhaar issuing body, the Unique Identification Authority of India (UIDAI) has allowed the new card to be reprinted as polyvinyl chloride card (PVC) which is a typical ID card

India Stock Market Highlights Today: UltraTech Cement, followed by Bharti Airtel, Asian Paints, Titan, ITC, Kotak Bank and L&T wer among the top gainers on Sensex. On the other hand, ICICI Bank, IndusInd Bank, SBI, Axis Bank and Bajaj Finserv were among the laggards

The company is committed to double its business from snacks business in India and also increasing the capacity of existing food plants in West Bengal and Maharashtra

Tata Consultancy Services (TCS) on Thursday surpassed Accenture to become the world's most-valuable information technology (IT) firm for the first time

TCS Q2 results: The IT major posted a revenue from operations of Rs 40,135 crore, as compared to Rs 38,322 crore in the April-June period, registering a sequential growth of 4.73 per cent

Finance Ministry said that the government is open to all possibilities to minimise COVID-19's impact and the Finance Minister is not averse to taking any further measures to ease people's suffering

The fall in corporate tax collections could be because of both the fall in corporate profits due to COVID-19 lockdown as well as reduction in corporate tax rates announced in September 2019

Total expenditure during April-August 2020 was Rs 12.47 lakh crore or 41.03 per cent of budgeted estimate, of which Rs 11.13 lakh crore was on revenue account and Rs 1.34 lakh crore was on capital account

Cleanfix and Schevaran Laboratories will form a new entity CleanfixSchevaran Systems, which will manufacture Swiss-technology backed robotic cleaning machines and solutions for India and for exports

The Central Board of Direct Taxes (CBDT) has further extended the deadline for income tax returns filing from September 30 to November 30

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

Days after a temporary ban by Google, payments firm Paytm has brought back its IPL-led cashback scheme; The Appointments Committee of the Cabinet has approved the appointment of PD Vaghela as the new Chairman of Telecom Regulatory Authority of India (TRAI); Reeling under severe cash crunch and tepid demand, micro, small and medium enterprises (MSMEs) led by SME Chamber of India have urged the Reserve Bank of India (RBI) to allow banks to undertake cash flow-based lending for the struggling sector. Watch this and more on News Blast.Also Read: Income tax return filing: 5 common mistakes that can get you I-T notice

This year (AY 2020-21) the date has been extended up to November 30, 2020 from July 31, 2020 due to coronavirus pandemic

The Income Tax Department on Saturday said that scrip-wise reporting is not required for day trading and short-term sale or purchase of listed shares for filing of income tax returns in assessment year 2020-21

The Special Task Force set up by the government to look into the issue of shell companies has recommended the use of certain red flag indicators as alerts for identification of shell companies

Government told Lok Sabha that it has taken several steps for timely detection of tax evasion, including searches and seizures, surveys, enquiries, assessment of income, levy of taxes, penalties, and filing of prosecution complaints in criminal courts

In a filing on Wednesday, it accused Tiffany of mismanaging the pandemic's financial fallout and arguing this has triggered a material adverse effect (MAE) that nullifies their agreement

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