CBDT (Central Board of Direct Taxes) has issued a functionality to verify whether the Vendors have filed a tax return for compliance of Section 206AB and Section 206CCA. Section 206AB & section 206CCA inserted in the Income-tax Act, 1961 via…
Officials from the Finance Ministry, Government of India, have lined up a meeting with Tech giant Infosys on 22nd June, 2021. The agenda of the meeting will be to discuss and resolve the issues faced by the user of the…
CBDT (Central Board of Direct Taxes) has allowed submission of the forms 15CA & 15CB in manual format to the (AD) authorised dealers till 30th June, 2021. This move comes after the taxpayers had reported difficulties in online form filling…
The Indian educational technology major Byju’s has been valued at $16.5 billion in the funding round, making it India’s most valuable startup by surpassing fintech firm Paytm’s $16 billion valuations. Ed-tech major Byju’s has raised about $350 million in its…
The Adani Group is planning to separate its airport business from the parent entity Adani Enterprises Ltd. The Adani Group is eyeing a valuation of ₹ 25,500-29,200 crores ($3.5-4 billion) for the business through an IPO (initial public offering). Before…
Adani Group is aiming to raise nearly $1 billion (approx. ₹7,000-7,300 crores) through an IPO (initial public offering) by Adani Wilmar. The Adani Wilmar Group is eyeing a valuation of $9 billion (approx. ₹ 63,000-65,700 crores). The draft red herring…
Paytm, India’s most valuable startup has confirmed its plan for an IPO (Initial Public Offerings). It has started the IPO process with the notice to its shareholders. Paytm has received in-principle approval from its board for the IPO and is…
For making the e-Filing portal, user-friendly, The Income Tax department has come up with a new e-Filing portal (ITR e-filing 2.0) which will be effective from 7thJun, 2021. The new web address of the e-Filing portal will be The Income Tax India e-Filing portal is…
Now, Businesses with an annual turnover of up to Rs 40 lakh are GST exempt. Initially, this limit was Rs 20 lakh. Additionally, those with a turnover up to Rs 1.5 crore can opt for the Composition Scheme and pay…
The Sovereign Gold Bond (SGB) scheme 2020-21- Series V, issued by RBI is open for subscription from 03 Aug 2020 to 07 Aug 2020. The issue price of Series V has been fixed at Rs 5,334 per gram of gold,…
