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May 2021 Attempt New GST Returns as earlier proposed to be introduced in 2020 scrapped by Government
23/07/2020

May 2021 Attempt

New GST Returns as earlier proposed to be introduced in 2020 scrapped by Government

The GST Network, the IT support of the GST regime, is working on modifying and improving the current returns and will soon announce an advanced version of the existing system

23/05/2020

Central Board of Direct Taxes (CBDT) has issued tax refunds worth Rs. 26,242 crore to 16,84,298assessees since 1st April, 2020 to 21st May, 2020.

Income Tax refunds amounting to Rs. 14,632 crore have been issued to 15,81,906 assessees and

corporate tax refunds amounting to Rs. 11,610 crore have been issued to 1,02,392 assessees duringthis period.

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