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| 15 July, 2020, 06:16 PM IST | E-Paper
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    Gulveen Aulakh

    Assistant Editor, ET

    I cover India's telecom sector from multiple aspects including policy, regulatory, corporate and litigation, for The Economic Times, the largest financial daily. I also cover devices and handset make ...

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    Articles by the author

    India was on the path to economic recovery; local lockdowns threw a spanner in the worksMumbai bench of the income tax appellate tribunal rules in favour of HSBC BankI-T dept offers one-time relaxation for verification of returns filed electronicallyI-T raids in Delhi, Jaipur in tax evasion case against Rajasthan group
    Government extends time for duty-free import of diamonds sent for certificationI-T dept makes new utility for banks, POs to check TDS rate on high value cash withdrawalsCBDT allows processing of I-T refund claims for old non-scrutiny cases till Oct 31, 2020No GST on membership or admission fee:  Maharashtra AAAR
    Government releases Rs 6,195.08 crore to 14 states as fourth equated monthly installment of the Post Devolution Revenue Deficit GrantGST intelligence wing uncovers tax evasion by sanitiser makers, sounds all-India alertTime for Indian media industry to explore new avenues of growth & revenue: Anurag ThakurCBDT notifies amendment on tax exemption for Sovereign Wealth Funds for investment in infra
    U.S. firms in India not ready to pay digital tax, lobby group saysIndia changes digital tax form to include new levy on foreign e-commerce companiesBig relief to GST taxpayers: Late fee on GST returns capped till July to Rs 500GST Council may look at rationalising rates
    Rebound gathers pace as most indicators show improvementJune GST collections stand at Rs 90,917 croreIndia eases eligibility criteria for investment funds by FPIsWest Bengal Authority of Advance Ruling has ordered that a liquidator must pay GST on sale of assets of a defunct company
    Govt to implement uniform stamp duty on transfer of capital market instruments from July 1Centre, state tax officers can take intelligence based enforcement actions for all purposes: CBICI-T relief on purchase of discounted shares of troubled companiesCBIC issues standard statements for field formations to counter legal cases
    India may step up scrutiny of imports from Chinese cos in Asean countriesDouble Whammy: Realtors’ GST burden to riseGovernment extends deadline to bid for Air India by two months till August 31CBIC extends validity of e-way bills in new set of relaxations
    Employees allowed to claim I-T exemption on conveyance allowance under new tax regime: CBDTMaharashtra Appellate Authority of Advance Rulings allows input tax credit for companies using vehicles to transport cash to ATMsCBIC waives off late fee on late GST return filingGovernment further extends tax compliance deadlines. Check the new dates here
    Cooperative banks brought under RBI supervisionIndian customs may start inspection of all imports from China at ports and airportsCentralised AAAR put on fast trackGovt looking into the need of Centralized Appellate Authority of Advance Rulings
    Decks cleared for ‘largest ever’ LIC IPOGoods purchased, sold overseas liable to GST in India: AARFitch Ratings revises India's outlook to negative from stableGST Council eases compliance burden for businesses
    New GST registrations hit by lockdown: Industry InsiderCBIC allows refund of input tax credit accumulated on importsCII survey on business activity: Pent-up demand driving sales, but hurdles remainUndeterred by US probe, government backs ‘Google Tax’
    Income tax return forms for FY 2020-21 notifiedCovid crisis: May turns out a shade better as factories restartGovt extends deadline for BPCL bidding to July 31Firms may get input tax credit for masks, PPEs
    Lower flat prices on account of additional input tax credit benefit: NAA for an Emaar MGF projectIncomplete claim memos stall GST refundsB2B firms exempted from using only BHIM, RuPay for accepting paymentsWhatsapp allowed for GST, excise related virtual hearings
    GST officials seek directors’remuneration informationGST officials seek directors’remuneration informationKarnataka Appellate Authority of Advance Ruling (AAAR) allows availing of input tax credit on glass partitionsCBIC amends rules to disallow transitional credit claims retrospectively
    TDS cut to make eCommerce attractive for merchantsGovt announces 25% cut in TDS/TCS rate for non-salary paymentsMax Financial Services pays Rs 123.78 crore to settle tax dispute under Vivad Se Vishwas schemeSamsonite told to pay ₹25.7cr for not passing on GST benefits
    Finance Ministry releases Rs 6,195 crore to 14 statesNo adverse communication to assessees in Q1: CBDTDirector's salary exempt from GST: Karnataka AAR rulingDonations to Shri Ram Janmabhoomi Teerth Kshetra eligible for exemption from income tax
    Lockdown period not to be counted for determining residency status of NRIs, foreign nationals: CBDTGovt gives relaxations to taxpayers for GST compliance for filing annual returns and auditsGovernment hikes excise duty on petrol price by Rs 10, diesel price by Rs 13Expired e-way bills biggest challenge for India Inc
    E-commerce firms seek clarity on equalisation levyNagaland impose Covid-19 cess on petrol and diesel sales
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