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Tax update

Budget 2024 Expectations: Raise Basic Income Exemption Limit to Rs 5 Lakh and Standard Deduction to Rs 1 Lakh

By: AdminJuly 22, 2024Categories: Income Tax News|News To cater to individual taxpayers left disappointed after Finance Minister Nirmala Sitharaman refrained from announcing tax sops in interim Budget 2024, hopes now…

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GST Compliance in Telangana Improved to 82%: Commercial Taxes Officer

By: Admin | July 20, 2024 | Categories: GST Recent News The Goods and Services Tax (GST) compliance in Telangana has significantly improved, rising from 68% to 82% over the…

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Oil and Gas Sector Hopes for Inclusion in GST Regime

The oil and gas industry is advocating for inclusion in the Goods and Services Tax (GST) regime, hoping for tax relief and financial stability. An additional duty, the Special Additional…

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NAREDCO Proposes Rs 5 Lakh Home Loan Interest Tax Exemption Limit Increase

By: AdminJuly 18, 2024Categories: Income Tax News|News4 Min Read Boosting Housing Demand: NAREDCO Calls for Rs 5 Lakh Tax Exemption on Home Loan Interest In a bid to stimulate the…

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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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Important Update: 52nd GST Council Meeting – Detailed Agenda, Minutes Book Available

The Detailed Agenda and Minutes of the 52nd GST Council meeting held on October 07, 2023, are now available on the GST Council website. Key Documents: Detailed Agenda Note V1…

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