Upon reviewing the audit reports, the RBI-determined that Paytm Payments Bank had not correctly identified the beneficial owner concerning the entities that were brought on board to offer payout services.

Right now, it works in Hindi and English, and soon it will include other local languages too. NPCI has also launched 'Lite X,' which lets you do rupee transactions even when you are offline.

Here is the comprehensive income tax compliance schedule for July 2023. It is crucial to keep track of the deadlines to prevent incurring avoidable penalties. The deadline for filing Income Tax Returns (ITR) without any fines is July 31st, 2023.

While filing the Income Tax Return, the details of a taxpayer get auto-populated from Form 26AS as a pre-filling technique into the ITR form. However, this pre-filling feature is missing in upcoming returns forms

Advance Tax Payment is a crucial aspect of income tax compliance in many countries, including India. It requires taxpayers to pay their tax liability in installments throughout the financial year, rather than in a lump sum at the end. This ensures timely revenue collection for the government and helps taxpayers manage their tax obligations effectively. This article will take you through the due dates, applicability, procedure, etc. So, Read on to know more…

Indusland Bank Limited and South Indian Bank Limited are the two additional banks that GSTN has added, raising the total number of banks that accept GST payments to 23.

To Avoid Tax Deducted at Source (TDS) on incomes like rent and interest, taxpayers can submit form 15G or 15H to the relevant individual or organization, including banks, post offices, and corporate bond issuers. Form 15G is for individuals below 60, whereas 15H is for senior citizens.