By: Admin July 09, 2024 Categories: GST Recent News The Centre will refund the compensation cess imposed on imported goods under the Goods and Services Tax (#GST) to businesses operating…
Union Budget 2024: How GST Collection Impacts the Budget
By: Admin July 09, 2024 Categories: GST Recent News Over the years, the Goods and Services Tax (#GST) has remained a central topic in India's economic discussions. As Union Finance…
GSTN Update: GST Payment Facility Expanded to West Bengal
By: AdminJuly 08, 2024Categories: GST Law | GST Portal Updates | Important News2 min read The GST Network (GSTN) issued an update on July 05, 2024, announcing that the GST…
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…
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…
Indian pharma firms seek govt tax reliefs, incentives to spur innovation
By: AdminJuly 06, 2024Categories: Income Tax News|News4 Min Read India's Pharmaceutical Sector Seeks Government Support to Boost Innovation India's pharmaceutical industry, renowned globally as the 'pharmacy of the world' for…
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…
GST relief for foreign shipping companies, airlines, and MNCs
By: AdminJuly 06, 2024Categories: GST Recent News4 Min Read Sources have revealed to CNBC-TV18 that foreign shipping companies, airlines, and multinational corporations (MNCs) are set to receive significant relief following…
Special measures for liquidation/rectification of Shipping Bill Errors of pending IGST Refund
By: AdminJuly 05, 2024Categories: State GST Notification and Circular4 Min Read The Office of the Commissioner of Customs, Tuticorin, issued Public Notice No. 12/2024 on June 26, 2024, detailing measures…
CBIC: Revised Monetary Limits for Adjudication of SCNs in Central Excise for commodities classified under Chapter 24 of Schedule IV of Central Excise Act
By: AdminJuly 05, 2024Categories: Notification And Circular>Customs4 Min Read The CBIC issued Circular No. 1086/01/2024-CX dated July 03, 2024 regarding the revised Monetary Limits for Adjudication of Show Cause Notices…