The Economic Times
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| 18 September, 2020, 01:16 PM IST | E-Paper

    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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    CBDT lays out five parameters for compulsory selection of returns under faceless assessmentIndustry bodies and MNCs seek deferment of mandatory e-invoicing till JanuaryI-T dept unearths tax evasion and unexplained investments amounting to Rs 50 cr in J-KIncome tax dept framing rules to enable physical hearing under faceless assessment scheme
    Customs authorities to monitor imports under FTAs to curb duty evasionADB expects India's economy to contract by 9% in FY2020-21, sees strong recovery in FY22Income Tax Appellate Tribunal nixes tax claim on Vodafone rights issueGST Network issues FAQs on invoicing scheme ahead of Oct 1 launch
    Licence of 56 customs brokers suspended since August 2019 for  links with fraudulent exporters: CBICGST Council meeting postponed to October 5: SourcesCBDT notifies rules on tax exemption for District Mineral Foundation TrustsIRCTC stake sale: Merchant banker bid date extended till September 14
    E-way bill generation inching closer to pre-COVID levels, August month clocks 49.4 millionGovernment raises Rs 770 cr from Bharat Dynamics stake saleRajasthan CM Gehlot seeks PM Modi's intervention over GST compensation tussleOpposition states insist Centre must borrow for GST compensation
    GST laws review: Focus on decriminalising offences and wider use of compounding provisionsCustoms to roll out pan-India faceless assessment for all imports by October 31Government issues multiple clarifications on BPCL stake saleI-T dept prepares to implement faceless income tax appeals from September 25: Finance secretary
    Finance Minister Nirmala Sitharaman welcomes US companies investment in IndiaIndia imposes anti-dumping duty on imports of Ciprofloxacin Hydrochloride from ChinaI-T department carries out search and seizure operations on prominent businessmen in J&KLeading asset management companies line up to facilitate govt's divestment plan
    Validity of e-way bills extended till November 30: Central Board of Indirect taxes and CustomsStates to take up GST compensation in monsoon sessionGST collection at Rs 86,449 crore in AugustCBDT permits sharing of information by I-T authorities with scheduled commercial banks
    Opposition states plan to seek Prime Minister Modi's help on GST shortfall compensationPC Mody to remain CBDT Chairman till February next yearDelhi High Court restricts tax authorities from issuing show cause notices to banksPunjab rejects central government's options on GST compensation shortfall
    Opposition ruled states likely to reject Centre’s GST optionsBanks cautioned against imposing levies like MDR on electronic transactionsCBDT asks banks to refund any fees levied on UPI transactions in 2020Centre writes to states seeking their choice for borrowings to meet GST compensation shortfall
    Income from investments in rental housing for lower income groups to be exempted from income taxEasing FRBM limit by 50bps not adequate, say Kerala, Punjab, criticising Centre's borrowing optionsHAL OFS received enthusiastic response from non-retail investors: Dipam Secy41st GST Council meeting: Differences emerge between Centre, states over compensation deficit
    GST Council meeting: Centre, states set to clash over compensation paymentInterest to be levied on cash component of GST liability: CBICCBIC announces deferred duty payment scheme to ensure easy complianceGovt extends deadline for Air India bid for fourth time, gives bidders two more months
    IT Department to map digital behaviour of taxpayers to create profilesGovernment to reduce IRCTC shareholding via offer for saleGST Council to meet on August 27 to discuss compensation payout to statesHigh Court ruling: No equalisation levy for Mastercard Asia Pacific Ltd in India
    HC rejects plea seeking to classify masks, sanitisers as essential commoditiesCBDT outlines conditions under which pension funds can avail exemptions from income taxGovt extends anti-dumping duty for 3 months on caustic soda from China, KoreaLack of clarity over restructuring under faceless assessment scheme leads to chaos
    Financial transactions such as hotel bills, life, health insurance proposed to come under tax lensMasterCard moves Delhi HC seeking a stay on payment of equalisation levy on digital transactionsNarendra Modi to launch Transparent Taxation on Thursday to ease compliance, benefit  taxpayersPM Modi to launch Transparent Taxation on Thursday to ease compliance, benefit  taxpayers
    Divestment Plans: 18 sectors including coal, crude oil, power, telecom among others are ‘strategic’ for governmentCentral government releases grants worth Rs 6,195 crore to 14 statesCBDT notifies new rules for foreign investors of AIFs operating in IFSCSmooth execution without technical glitches critical for GST filing system: Experts
    Business in slow lane in key states, show July economic indicatorsMicrosoft-TikTok deal unlikely to be taxed in India, according to officialsGST E-invoices for companies with Rs 500 crore plus revenue to roll out from October 1CBIC asks Customs to check within 48 hours explosives stored in warehouses, ports
    Scrutiny of income tax returns reduced to 0.25 pc in assessment year 2018-19: FinMinE-way bill generation higher in July at 48.3 million; still lower than pre-Covid levelsBuilding Atmanirbhar Bharat: Licences likely for furniture, sports gear and toy importsIndia's road to recovery gets bumpier in July, thanks to local lockdowns
    GST mop-up in July at Rs 87,422 crore, slips from June collectionsStates should not be made to bear the burden of borrowing: Punjab FM Manpreet BadalCBIC notifies GST e-invoicing for businessesGovernment extends bid submission deadline for stake in Bharat Petroleum to September 30
    GST Council can take call on borrowing from market to compensate states: Attorney GeneralGovernment to extend BPCL EoI date for the third timeGovernment starts process to identify customs duty exemptions that can be scrappedIndia must try for Quadrilateral FTA after closing US trade deal, suggests USISPF
    Samsonite South Asia allowed to pay profiteered amount of Rs 21.8 cr in installmentsCBDT and CBIC sign MoU for exchange of information on automatic and regular basisIndia first nation to adopt randomised faceless assessment: CBDT chairman PC ModyGoogle tax mop-up reaches Rs 2,600 cr since India began levying equalisation tax in 2016
    Tax on digital transactions: Discussions or a stalemate with the European Union?Tax department to begin e-campaign on voluntary compliance of income tax from next weekCBIC gives nod to clear pending GST registrations under 'special drive' by July 30Bharat Bond ETF's second tranche oversubscribed more than three time
    I-T refunds worth Rs 71,229 crore issued to 21.24 lakh taxpayers during April 8-July 11CBIC finds 1,377 exporters as untraceable; detects Rs 1,875 crore fraud claims by these exportersIndia 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 Bank
    I-T dept offers one-time relaxation for verification of returns filed electronicallyI-T raids in Delhi, Jaipur in tax evasion case against Rajasthan groupGovernment 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 withdrawals
    CBDT allows processing of I-T refund claims for old non-scrutiny cases till Oct 31, 2020No GST on membership or admission fee:  Maharashtra AAARGovernment 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 alert
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