Banks move to alert ED on exporters whose payments have been delayed
MUMBAI: In the past few days, banks have shared with the Enforcement Directorate the names of thousands of exporters who have not...
E-way bill alert: Tighter rule in place; now this code is mandatory for moving consignments
Tightening the norms for issuance of e-way bill, the GST Network has made it mandatory for businesses and transporters to mention PIN...
SBI halves ATM withdrawal limit to Rs 20,000
MUMBAI: State Bank of India (SBI) has halved cash withdrawal limit on its ATM cards ahead of the festival season citing fraud precaution...
Companies may have to show ledgers for claiming GST credit of over Rs 25 lakh
Companies that availed of more than Rs 25 lakh credit under the goods and services tax (GST) regime in lieu of levies paid under the...
GST Council for 10% disaster cess on SGST for Kerala rehabilitation, 7-member GoM panel to submit re
The Goods and Services Tax (GST) Council today has decided to take up the proposal by Kerala to impose a cess to help finance the...
Aadhaar’s out, other documents back for banks
MUMBAI: Bankers feel that with Aadhaar no longer mandatory, the alternative documents for KYC would be those officially valid as...
Government extends deadline for filing Income Tax return, audit report till October 15
NEW DELHI: The government Monday extended by a fortnight till October 15 the deadline for filing Income Tax return (ITR) and audit report...
TDS/TCS provisions under GST to come into effect from October 1
NEW DELHI: The government has notified October 1 as the date for implementing the tax deducted at source (TDS) and tax collected at...
Last chance to claim GST Credits for previous fiscal: All you need to do within this month
The credit of GST paid on expenses against the GST collected on revenue is the heart of a ‘value added’ tax system. Thus, GST credits are...
Government rules out excise duty cut as petrol, diesel prices hit fresh high
NEW DELHI: A cut in taxes on petrol and diesel is ruled out for now as neither the central government nor some states have the appetite...
