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taxreforms

55th GST Council Meeting Scheduled for December 21 in Jaisalmer

Date: November 16, 2024Category: GST News Meeting Highlights Key Details: Chairperson: Finance Minister Nirmala Sitharaman Date & Location: December 21, Jaisalmer Reason for Delay: Postponed from November due to assembly…

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Union Finance Minister Nirmala Sitharaman Inaugurates GST Bhawan in Udaipur, Launches ICETAB 2.0 for Customs Operations

By: Admin | August 24, 2024 | Categories: GST Law | Press Release | 4 Min Read Union Finance and Corporate Affairs Minister, Smt. Nirmala Sitharaman, inaugurated the GST Bhawan,…

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CBDT Directs I-T Dept to Monitor High-Value Cash Transactions at Hotels and Hospitals

Introduction The Central Board of Direct Taxes (CBDT) has instructed the Income Tax (I-T) department to monitor cash transactions in high-value sectors, including hotels, luxury brand retailers, hospitals, and IVF…

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CBIC Announces Guidelines for Second Special All-India Drive Against Fake GST Registrations

By: AdminDate: August 12, 2024Categories: CBIC | GST Law | Notification And CircularReading Time: 4 Minutes Overview of the All-India GST Drive 2024 The CBIC issued Instruction No. 02/2024-GST on…

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Government Reviewing Reintroduction of 15% Tax for New Units in FY26 Budget

By: Admin|July 30, 2024|Categories: Income Tax News|News The government is currently reviewing the outcomes of the 15% concessional corporate tax rate scheme, which concluded on March 31. Official sources have…

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Government Plans to Increase GST on Gold and Silver to 5%

By: AdminJuly 25, 2024Categories: GST Recent News In a significant shift in tax policy, the government is contemplating raising the Goods and Services Tax (GST) rate on gold and silver…

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