On the condition of anonymity, two government sources familiar with the situation indicated that the government is exploring multiple steps for micro, small, and medium enterprises (MSMEs) that are experiencing serious business interruptions owing...

The Income Tax Department is going to launch a new income tax filing portal on June 7th, the Central Board of Direct Taxes (CBDT) said on Thursday. The existing portal, which will be phased out later, will not be available for taxpayers and other...

The government on Thursday has extended the due date of filing income tax returns for Assessment Year 2021-22 (financial year 2020-21) for individuals by two months till September 30. The Central Board of Direct Taxes (CBDT) also extended the ITR...

Technological advancements and Innovations have helped business leaders to take their businesses to greater heights consistently. With new opportunities to experiment and push the boundaries of conventional business operations right around the...

The Central Board of Indirect Taxes and Customs (CBIC) has simplified GST refund conditions, providing taxpayers the option to withdraw their claim. It has revised GST rules to exclude the time period from the date of filing a refund application...

Bitcoin, Ethereum and Dogecoin all slumped in value on major cryptocurrency exchanges on Wednesday, notably in India, on concerns about the future of digital currencies. Bitcoin was trading at $39,429.20, down 10.20 percent at 11.30 p.m. IST,...

The International Air Transport Association (IATA) on Wednesday stated that more than 20 countries have wholly or partially lifts restraints for Covid vaccinated international travelers. It also praised about the growing number of...

As a result of exceptional performance on the solar PV front and with generation from solar forecast to exceed coal before 2040, India raised to a position to the third spot in EY’s Renewable Energy Country Attractiveness Index released...

The National Company Law Tribunal (NCLT) on Wednesday directed the administrator of the bankrupt financial firm DHFL to place the settlement offer of the cormpany’s jailed promoter Kapil Wadhawan before the committee of creditors (CoC) for...

The US government has removed a regulation proposed by the former president Donald Trump’s administration that sought to narrow the definition of “specialty occupation” under the H-1B visa regime. The change comes as a relief for...