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

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

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

Restricted mobility under coronavirus lockdown curtailed consumption and clamped demand that mercilessly pummelled the revenues of around 3,100 companies

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

Speaking at a news conference at the White House, Trump dismissed the report as fake news and said he has paid taxes, though he gave no specifics

The Rs 2,242-crore IPO of the technology-driven financial infrastructure and services provider to mutual funds and other financial institutions opened on September 21 and ended on September 23, at a price band of Rs 1229-Rs 1230

Trump, who has fiercely guarded his tax filings and is the only president in modern times not to make them public, paid no federal income taxes in 10 of the past 15 years

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

Soon after the spread of coronavirus, FM Sitharaman, in a relief to the employees and employers, reduced the mandatory monthly EPF contribution to 10 per cent of the basic salary from 12 per cent for the months of May, June and July

Even as the government has announced a range of relief measures amid the ongoing COVID-19 pandemic, a majority of businesses say that enough has not been done and more support is expected for revival

GSTN has over 1.26 crore registered taxpayers, out of which 1.07 crore are required to file GSTR-1 and GSTR-3B

Prior to the nationwide lockdown, which resulted in the suspension of scheduled domestic as well as international flights, Vistara was operating over 200 flights to 34 destinations daily

Problem accentuates for those whose long-term FDs are maturing now; these FDs were enjoying 9% interest but are struggling now to find an option to get even 7%

An investment of Rs 1 lakh in the mid cap share on March 19 would have grown to Rs 8.82 lakh on August 25

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