The GST Network said it has introduced a functionality which simplifies the returns filing process for taxpayers.A new functionality has been introduced on the GST portal for ease of the taxpayers under which questions will be posed as soon as the taxpayer enters the Returns dashboard and only relevant tiles will be displayed to the taxpayers based on the answers to the questions posed,the GST Network said in a statement.This has been started first with GSTR-3B returns (initial sales return), it added.For nil GSTR 3B returns, one-click filing has been introduced as no tile will be shown to suc ... Read More

They said various teams of the sleuths of the department, under the command of the Bengaluru investigation wing, visited the premises of nine such exchanges in the country including in Delhi, Bengaluru, Hyderabad, Kochi and Gurugram, since early morning.The survey, under section 133A of the Income Tax Act, is being conducted for gathering evidence for establishing the identity of investors and traders, transaction undertaken by them, identity of counterparties, related bank accounts used, among others.The survey teams, sources said, are armed with various financial data and inputs about the wo ... Read More

This will be my last Udan and then I will hang up my boots said Gopinath, who has been waiting for a re-entry for few years now.The governments Udan scheme (Ude Desh Ka Aam Nagrik), which loosely translates as let the common man fly and proposes to connect small towns on fares of about Rs2,500 for a one-hour flight, has provided that entry for the entrepreneur. Air Deccan, which has the tagline Simplifly, will brand its entry with a the common man takes to the skieslogo designed by cartoonist the late R.K. Laxman. Some of the initial lucky people will be able to get Rs 1 fares also,Gopinath ... Read More

This will be my last Udan and then I will hang up my boots said Gopinath, who has been waiting for a re-entry for few years now.The governments Udan scheme (Ude Desh Ka Aam Nagrik), which loosely translates as let the common man fly and proposes to connect small towns on fares of about Rs2,500 for a one-hour flight, has provided that entry for the entrepreneur. Air Deccan, which has the tagline Simplifly, will brand its entry with a the common man takes to the skieslogo designed by cartoonist the late R.K. Laxman. Some of the initial lucky people will be able to get Rs 1 fares also,Gopinath ... Read More

The Supreme Court on Wednesday halted a government takeover of embattled real estate company Unitech after the Centre apologised to the apex court for moving the National Company Law Tribunal.A day after Chief Justice Dipak Misra questioned the government for approaching the NCLT despite the top court hearing petitions related to Unitech, Attorney General KK Venugopal said the government should not have approached the tribunal.Extremely sorry for what has happened. It should have not happened like this, the AG told the bench, which then stayed the NCLTs December 8 order suspending the companys ... Read More

The Sensex opened in the green by jumping 117 points on Thursday on value-buying in blue- chips ahead of exit poll results for Gujarat elections.Asian stocks moved sideways. The NSE Nifty went above 10,200-mark.The 30-share BSE index was up 116.70 points, or 0.35, at 33,169.74. The Sensex had lost 402.75 in the previous two sessions disappointed by grim economic data and the ADB lowering Indias economic growth forecast.Also, the NSE Nifty rose 37.70 points, or 0.36percent, to 10,230.65.Analysts said optimistic buying by participants ahead of exit poll results for the assembly election of Gujar ... Read More