New Delhi, August 19, 2017

Traders across the country faced problems on Saturday as the Goods and Services Tax (GST) filing website stopped functioning for some time, a day ahead of the last date for filing GST returns.

August 19, 2017

Auditors of brokers and dealers should take several steps to enable the highest quality in the engagements they perform, according to a PCAOB report issued Friday.

Mumbai, August 19, 2017

Assuring balance-sheet stressed firms that key objective of NPA resolution is not liquidation of their businesses but to save them, Finance Minister Arun Jaitley today said, the new insolvency law has significantly reversed defaulting debtor-creditor relationship.

Mumbai, August 19, 2017

Credibility of NPA resolution efforts will depend on PSBs' ability to absorb costs

Mumbai, August 19, 2017

Even as participatory notes (P-notes) become unattractive for taking positions, many investors are now looking to enter India using the foreign portfolio investment (FPI) route either through Mauritius or directly.

New Delhi, August 18, 2017

The GST tax portal is likely to offer from tomorrow forms to claim credit on sales made before the rollout of GST, which the taxpayers have to file by August 28, a government official said today.

New Delhi, August 18, 2017

Income tax authorities plan to pursue those who have properties in their name but haven’t ever filed income tax returns on the suspicion that these may be benami holdings on behalf of people looking to conceal their wealth.

New Delhi, August 18, 2017

Entities have to deposit taxes by Aug 20, but they will have extra week till Aug 28 to file returns

New Delhi, August 18, 2017

The tax department today said the number of individuals filing income tax returns has jumped to 2.79 crore this year from 2.23 crore last year, matching with the 56 lakh new tax payer addition stated by Prime Minister Narendra Modi.

Mumbai, August 16, 2017

However, this interest rate could go down to 4% on prompt repayment; Aadhaar linkage mandatory

Mumbai, August 16, 2017

He argued that low food prices were unusual, vulnerable to upward pressures

Mumbai, August 16, 2017

The relaxation will be subject to special resolution

New Delhi, August 16, 2017

Under GST, there's no provision for exemption; there's one section which permits refunds

USA, August 15, 2017

KPMG has agreed to pay more than $6.2 million to settle charges it failed to properly audit the financial statements of Miller Energy Resources, a Knoxville, Tenn.-based oil and gas company that settled accounting fraud charges last year, the Securities and Exchange Commission said Tuesday.

New Delhi, August 15, 2017

Public sector banks have reported 20 per cent jump in the outstanding loans

New Delhi, August 15, 2017

Instructs officials to facilitate all exporters

New Delhi, August 15, 2017

Council approves a list of 153 items that have been exempted from the requirement of obtaining e-way bills.

New Delhi, August 15, 2017

Market watchdog boosts cooperation with other regulators in India and abroad for investigations

New Delhi, August 14, 2017

Last Monday, Sebi had directed stock exchanges to immediately restrict trading in 331 firms

New Delhi, August 13, 2017

The CBEC said tax will have to be charged at 18% irrespective of from where the supply is made, first floor or second floor.

New Delhi, August 13, 2017

The Corporate Affairs Ministry has come out with a draft of the proposed amendments to the Cost Records and Audit Rules

New Delhi, August 13, 2017

About 3 crore linkages were done in June and July

Pune, August 13, 2017

The income tax officials had also acted on tip-offs given by the police department about unaccounted for cash. About 50 per cent of the tip-offs given by the police turned out to be ineffective, said I-T officials.

New Delhi, August 12, 2017

The Goods and Services Tax (GST) rate of 3 per cent on gold was low and needs to be increased as it is consumed by the "very rich", feels Chief Economic Advisor Arvind Subramanian, the author of the Economic Survey.