By: Admin|July 30, 2024|Categories: Income Tax News|News The Union Budget 2024 has introduced a significant amendment aimed at tightening the taxation rules concerning rental income from residential properties. Finance Minister…
Essential Guide for Traders: Reporting F&O Trading Taxes
By: Admin|July 30, 2024|Categories: Income Tax News|News As the deadline for filing income tax returns approaches, traders engaged in Futures and Options (F&O) trading face a critical task: accurately reporting…
Get GST Registration in Just 12.82 Days – Quick and Easy Process!
By: Admin|July 30, 2024|Categories: GST Recent News In a recent statement to Lok Sabha, Minister of State for Finance, Pankaj Chaudhary, disclosed that the average time taken by tax authorities…
CBIC Uncovers Rs. 36,374 Crore Fake ITC in FY 2023-24: 9,190 Cases Detected
By: Admin|July 30, 2024|Categories: CBIC|GST Law|Press Release In a significant revelation, the Central Tax formations under the Central Board of Indirect Taxes and Customs (CBIC) uncovered a staggering Rs. 36,374…
Debate Over GST Rate Structure: Rationalizing Three-Tier Goods and Services Tax
By: Admin|July 30, 2024|Categories: GST Recent News In recent developments, central and state government officials have initiated discussions aimed at rationalizing the Goods and Services Tax (GST). According to reports…
Government Notifies Appointing, Disciplinary, and Appellate Authorities for Group B and Group C Posts in GSTAT Supporting Staff
By: Admin|July 29, 2024|Categories: GSTAT| Notification and Circular Introduction:The Ministry of Finance, through the Department of Revenue, has issued a significant notification affecting the Goods and Services Tax Appellate Tribunal…
Finance Ministry Clarification: Tax Certificate Not Mandatory for All Traveling Abroad
By: Admin|July 29, 2024|Categories: Income Tax News|News Understanding Tax Clearance Certificates for Indians Travelling Abroad: Finance Ministry's Clarification In recent developments concerning international travel for Indian residents, the Union Finance…
Bombay HC Orders BMC to Refund ₹9.91 Cr Deducted as TDS to Builder
By: Admin|July 29, 2024|Categories: Income Tax News | News The Bombay High Court on Thursday directed the Brihanmumbai Municipal Corporation (BMC) to refund ₹9.92 crore to the Bombay Real Estate…
Tax Certificate Not Mandatory for All Travelling Abroad: Finance Ministry Clarification
By: Admin| July 29, 2024| Categories: Income Tax News | News 4 Min Read The Union Finance Ministry on Sunday clarified that a tax certificate is mandatory only for Indians…
Removal of Angel Tax for Startups to Help Attract Investors: Piyush Goyal
By: Admin |July 29, 2024 |Categories: Income Tax News Commerce and Industry Minister Piyush Goyal announced on Sunday that the removal of the angel tax, which was introduced in 2012…