Latest News

The GST Council has decided to amend GST rules to track tax payments by registered persons on OIDAR services received from foreign providers.

Starting October 1, a tax collected at source (TCS) of 20% will be levied on foreign remittances of more than Rs 7 lakh in a financial year, except in certain cases. If you directly invest in international stocks or planning to buy real estate abroad, you must know how the new TCS rule is going to impact your investment from today.

RBI extends deadline for exchange of Rs 2000 notes to October 7

₹2000 Denomination Banknotes – Withdrawal from Circulation – Review

There are several key changes to the Goods and Services Tax rules that will come into effect from October 1, 2023. The summary of major changes you need to know:

The Income-tax (Twenty-Second Amendment) Rules, 2023 were notified by the Central Board of Direct Taxes (CBDT) on September 27, 2023.

This is placeholder text. To change this content, double-click on the element and click Change Content.

Income Tax Department conducted a search and seizure operation in the Kashmir Valley on a prominent business group, engaged in various sectors namely, Cement, Steel, Glass, Plywood, Real Estate, Tourism, Textiles and Healthcare, etc. on 09.10.2023.   More than 40 premises were covered in Srinagar, Sopore, Budgam, Sonmarg, Pulwama areas of Kashmir Valley and at Delhi.