By: AdminJuly 27, 2024Categories: GST Recent News4 Min Read As the landscape of Goods and Services Tax (GST) evolves, recent developments could lead to increased costs for consumers purchasing rice…
CBIC Chairman Proposes 3-Tier GST Structure to Minimize Litigation and Harmonize Rates
By: AdminJuly 26, 2024Categories: GST Recent News4 Min Read In a significant development following Finance Minister Nirmala Sitharaman's call for GST rate rationalization in her Budget speech on July 23,…
CBDT Chairman Announces ‘Vivad se Vishwas’ Scheme Available for Taxpayers Starting December 31
By: AdminJuly 25, 2024Categories: Income Tax News|News The 'Vivad se Vishwas' scheme, a significant measure introduced in the Indian Budget for settling pending direct tax appeals, is set to make…
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…
Union Budget 2024-25: Key FAQs on New Capital Gains Tax Regime Issued by CBDT
By: AdminJuly 25, 2024Categories: Income Tax|Press Release Important FAQs on New Capital Gains Tax Regime in Union Budget 2024-25 The Central Board of Direct Taxes (CBDT) recently issued FAQs regarding…
Union Budget 2024: FM Announces Review of I-T Act 1961 and Vivad Se Vishwas Scheme to Resolve Pending Tax Disputes
By: AdminJuly 24, 2024Categories: Income Tax News|News Union Budget 2024: FM Announces Review of I-T Act 1961 and Vivad Se Vishwas Scheme On July 24, 2024, during the presentation of…
GST Reduction Benefits for Common Man: Expansion to All Sectors Soon
By: AdminJuly 24, 2024Categories: GST Recent News4 Min Read Understanding GST: Impact, Benefits, and Future Expansion Introduction to Goods and Services Tax (GST) Introduced in India on July 1, 2017,…
Director of Steel Company Arrested for ₹51.5 Crore GST Evasion
By: AdminJuly 24, 2024Categories: GST Recent News Unveiling the Nandeshwari Steel Limited GST Evasion Scandal: A Deep Dive into the Allegations and Investigation Introduction In a significant development, officials from…
CBIC Chairman: Three-slab GST a Strong Possibility
By: AdminJuly 25, 2024Categories: GST Recent News Reconstituted Group of Ministers (GoM) is currently engaged in a comprehensive review of the Goods and Services Tax (GST) structure in India. Central…
90% of Uttar Pradesh’s GST Revenue Generated by Top 30k Dealers
By: AdminJuly 24, 2024Categories: GST Recent News Uttar Pradesh's GST Revenue: Insights from Top Dealers and Tax Collection Introduction Uttar Pradesh, one of India's largest states, has emerged as a…