Income Tax Department cracks down False Deduction Claims in ITRs
The Income Tax Department has launched a massive verification drive across India to crack down on bogus claims of deductions
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New Security Features in GST Portal
The GST system is constantly being improved to make it more secure and transparent for taxpayers like you. Soon, two
Read MoreNow You Can File GST Appeal Against Waiver Rejection Orders (SPL-07) of GST Amnesty Scheme
The GST portal has introduced a new feature that allows taxpayers to file an appeal against rejection of waiver applications.
Read MoreIncome Tax Code of Business/ Profession for ITR
The Income Tax Business Code is a classification system by India’s Income Tax Department aimed at identifying taxpayers’ business activities. Selecting the correct code is vital for accurate tax reporting and to avoid scrutiny. Taxpayers can find the appropriate code and check the applicability of provisions 44AD and 44ADA online.
Read MoreNSC Interest rates for Last 25 Years
The National Savings Certificate (NSC) is a fixed-income savings scheme offered by the Government of India, primarily designed to encourage
Read MoreIncome Tax Rates for Co-operative Societies for AY 2025–26 and AY 2026–27
Income Tax Slabs The applicable slab rates for a co-operative society are as follows: Total Income Rate of Income Tax Up
Read MoreProcedure of compulsory selection of returns for Complete Scrutiny during the Financial Year 2025–26
The Central Board of Direct Taxes (CBDT) has laid down comprehensive parameters and procedures for compulsory selection of income tax
Read MoreKey Update for GST Refund Applications for Quarterly Taxpayers
In a significant development aimed at ensuring compliance with existing GST refund regulations, the Goods and Services Tax Network (GSTN)
Read MoreGSTN will Launch 2nd E‑Way Bill Portal on 01.07.2025- Both the Portal will work Simultaneously
In a major step toward bolstering business continuity and operational efficiency, the Goods and Services Tax Network (GSTN) has announced
Read MoreGST Returns cannot be filed after expiry of Three-Year Deadline
The Goods and Services Tax Network (GSTN) has reiterated an important advisory to all taxpayers regarding the statutory limitation on
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