Covid-19 has hit tax collections, but the situation will improve in terms of both the number of taxpayers and revenue collections, once the pandemic is under control. Read more »
The Narendra Modi government announces easier compliance in areas such as income tax, GST, customs & excise, banking and trade. Read more »
The December mop-up at Rs 1.03 lakh crore is below the target of Rs 1.1 lakh crore for the last four months of FY20. Read more »
Deadline for filing annual return and reconciliation statement for 2017-18 extended to January 31. Read more »
Automobile industry hit by economic slowdown, confusion over BS-VI norms and electric vehicles. Read more »
The GST Council meet on December 18 to take call on hikes amid a huge shortfall in revenue collections. Read more »
The government has lined up tax concessions, subsidies to promote green transport infrastructure. Read more »
The indirect tax mopup is the third highest since GST was introduced in July 2017. Read more »
Goods and Services Tax Network to be a 50:50 venture of Centre, states. Read more »
Finance ministers of Delhi, Kerala, West Bengal, Punjab and Rajasthan say delay in payment has stalled state governments' activities. Read more »