By: AdminJuly 26, 2024Categories: Income Tax News|News4 Min Read As the deadline for filing Income Tax (I-T) returns approaches on July 31, 2024, the Central Board of Direct Taxes (CBDT)…
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…
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…
Union Budget 2024: Changes Expected in Streamlining Indirect Tax Compliances
By: AdminJuly 19, 2024Categories: GST Recent News4 Min Read Challenges in Claiming Input Tax Credit (ITC) under GST and Customs Issues: A Call for Government Action GST Portal Robustness Concerns…
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…
Delhi High Court Orders Income Tax Exemption for NOIDA under Section 10(46) of the IT Act
By: Admin Date: July 15, 2024 Categories: Income Tax News | News The Delhi High Court has instructed the income tax department to grant an income tax exemption to the…
Budget 2024: Senior Citizens Expect These Three Key Announcements
By: Admin July 09, 2024 Categories: Income Tax News | News Finance Minister Nirmala Sitharaman is poised to present the Union Budget 2024-25 on July 23. Senior citizens, in particular,…
Budget 2024 Must Focus on Tax Relief to Stimulate Consumption: India Inc
By: Admin July 09, 2024 Categories: Income Tax News | News The Union Budget 2024 should prioritize tax relief, especially for lower-income taxpayers, to stimulate consumption, industry experts suggest. Finance…
CBDT Issues Guidelines for Notices Under Section 148 of the Income Tax Act
Date: July 08, 2024Category: CBDT Notification | Income Tax Updates The Central Board of Direct Taxes (CBDT) has issued comprehensive guidelines on June 26, 2024, for issuing notices under Section…
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…