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The Center has announced a relief package of Rs 6,28,993 crore to support the Indian economy in fight against COVID-19 pandemic. The relief package also aims to prepare the health systems for emergency response and provide impetus for growth and…
To ease compliances to be made by taxpayers during the Covid-19 pandemic, CBDT has extended the date of meeting certain tax compliances. Relief has also been given in filing the response to various notices. During the pandemic period, the government…
CBDT has extended the last date of linkage of Aadhaar with PAN to 30th September, 2021. The prescribed last date of linking Aadhaar with PAN has been extended to 30th September 2021 from 30th June, 2021. A permanent account number is…
The 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…
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…