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The government has waived late fees on GST returns between July 2017-September 2018. However, these non-filers would have to file their returns for the said period by March 31, 2019.
The Ministry of Finance has allowed assesses to claim GST Input Credit for the Financial year 2017-18 till March 2019, provided that it matches with the return filed by their suppliers. E
The Central Board of Indirect Taxes and Customs (CBIC) on December 31, 2018 has notified new Annual GST return forms viz. GSTR-9, GSTR-9A and GSTR-9C, which are required to be filed by bu
The RBI allowed one-time restructuring of existing debt (Fund and Non Fund based) up to Rs 25 crores for the companies which have defaulted on payment but the loans have continued to be c
In a New Year bonanza to the common man, the GST Council slashed tax rates on 33 goods and services, including movie tickets, TV, Power Banks, monitor screens and tyres. Further, the froz
Ministry of Finance on Sunday extended the deadline for filing GST Return (GSTR-3B) for the month of September 2018 till October 25, 2018.
The apex Court has given both ArcelorMittal and Numetal two weeks to clear their outstanding dues and then submit a revised bid for Essar Steel.
The Insolvency and Bankruptcy Board of India (IBBI) needs to be given more powers, NCLAT Chairperson Justice Sudhansu Jyoti Mukhopadhaya said during the Annual day of IBBI and also sugges
To boost credit availability to Micro, Small and Medium Enterprises (MSMEs), Finance Minister Arun Jaitley has launched a web portal (www.psbloansin59minutes.com) through which one can av
About 45 bankrupt companies have been approved for revival under the new Insolvency Law and this will recover about 50 per cent of the total claim of creditors.
The Central Board of Direct Taxes (CBDT) extends the due date of filing ITRs from September 30, 2018 to October 15, 2018. The notification came out after various State Associations viz.
The government has given 15 days more to directors to comply with KYC requirements by paying a reduced fee of Rs 500, according to the official notification hosted at Ministry of Corporat
The government on Monday announced its plan to merge three public sector banks (PSBs) to create the third largest lender of the country, as part of efforts to clean up the country's banki
ICICI Bank has filed a petition under Insolvency and Bankruptcy Code, 2016 against debt-ridden corporate Jaiprakash Associates Limited with the Allahabad Bench of the National Company Law
Former Prime Minister Manmohan Singh on Friday during the launch of book of Senior Congress leader Kapil Sinal "Shadees oof Truth - a journey derailed" said the Modi government had failed
NCLAT tooday said that Numetal and ArcelorMittal are eligible to bid for Essar Steel. ArcelorMittal has three days to clear its dues and become a standard asset to bid for Essar Steel. NC
The government has notified a new return form GSTR-9 for Goods and Services Tax (GST) that will have to filed for the full year.
Dipak Misra, Chief Justice of India (CJI) sent a letter to the Central government recommending Justice Ranjan Gogoi as his successor.
The National Company Law Tribunal (NCLT) has asked the Enforcement Directorate (ED) to free up attached properties that were linked to fraud but not mortgaged to its lenders in case of RE