By: Admin July 17, 2024 Categories: Central Excise The Indian government has raised the windfall tax on petroleum crude to 7,000 rupees per metric ton from 6,000 rupees, effective from…
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…
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…
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…
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…
Govt may discontinue monthly GST releases; shorter statement on the cards
By: AdminJuly 03, 2024Categories: GST Recent News4 Min Read The finance ministry may discontinue the practice of releasing a statement outlining GST collections data on the first day of every…
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…
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…
Reserve Bank of India Implements “Clean Note Policy”: Withdrawal of ₹2000 Banknotes
The Reserve Bank of India (RBI) has recently made a significant move to implement its "Clean Note Policy" by deciding to withdraw the ₹2000 banknotes from circulation. While the ₹2000…