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Accounting Updates

Telangana HC Questions State Funding of CM and Ministers’ Income Tax

By: AdminJuly 18, 2024Categories: Income Tax News|News4 Min Read Challenging Taxpayer Funds: PIL Questions State Payment of Officials' Income Tax In a significant legal development, the Telangana High Court has…

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Budget 2024: Government Reviews Proposal to Increase Tax-Exempt Savings Account Interest to ₹25,000

Enhancing Tax Deductions on Savings Account Interest: A Potential Boost for India's Banking Sector In a bid to stimulate deposit growth and bolster the banking sector, the Indian government is…

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Government unlikely to do away with angel tax, say experts

By: Admin July 06, 2024 Categories: Income Tax News|News4 Min Read Even though the Department for Promotion of Industries and Internal Trade (DPIIT) has recommended the finance ministry remove the angel…

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Withdrawal of GST, merger of public Indian pharma firms seek govt tax reliefs, incentives to spur innovation sought

By: AdminJuly 06, 2024Categories: GST Recent News4 Min Read AIIEA Raichur Division Advocates for Key Insurance ReformsRaichur, Karnataka – The All-India Insurance Employees’ Association (AIIEA), Raichur Division, has recently presented…

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Relief for industry as govt cracks down on GST demand notices

By: AdminJuly 06, 2024Categories: GST Recent News4 Min Read In a major relief for the industry and GST taxpayers in the country, the government has decided to send any GST…

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GST Council decisions to be incorporated in the Finance Bill: CBIC Chairman Sanjay Kumar Agarwal

By: AdminJuly 04, 2024Categories: CBIC|News4 Min Read CBIC Chairman Sanjay Kumar Agarwal on Wednesday said the decisions taken at the GST Council meeting last month, like amnesty scheme for initial…

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Union Budget 2024: Sivakasi firecracker industry want GST reduced

By: AdminJuly 03, 2024Categories: GST Recent News4 Min Read Sivakasi in Tamil Nadu is known for its firecracker industry. The firecracker industry here has a turnover of around Rs 5,000…

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Jaipur jewellers seek GST relief and higher cash transaction limits

By: AdminJuly 03, 2024Categories: GST Recent News4 Min Read The jewellers in Rajasthan’s Jaipur have many hopes from the upcoming Union Budget and they shared their wish-list with PTI. The…

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Simplifying Income Tax Filing and Effective Tips for Tax Saving

Income tax filing can be a daunting task for many individuals, but with the right knowledge and strategies, you can navigate the process smoothly and even save money on your…

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GST Compliances by Aaerm Law Associates: Ensuring Smooth Business Operations

Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services in India. GST has replaced the existing tax structure of Value Added…

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