Income Tax
- Feb 02, 2023
- Finance Minister Nirmala Sitharaman announced incentives for the startup ecosystem in the country and extended the benefit of carry forward of losses from the current 7 years to 10 years from the date of incorporation of the firm. Also, the time period on income tax benefit to companies registered as startups increased further by another year. Sitharaman also acknowledged that India has the third largest ecosystem of startups globally.
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- income Tax
- Implementation of Mandatory Mentioning of HSN Codes in GSTR-1
- Advisory on Sequential Filing of GSTR-1
- Finance Minister Proposed, Common ITR form for all Taxpayers
- Finance Ministry Extends ITR Filing Deadline for Companies
- CBDT Extends Deadline for Filing TDS for Non-Salary Transactions
- Change Your Income Tax Regimes While Filing Revised ITR
- Finance Ministry say, "Taxpayers check AIS quarterly & report discrepancies"