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Tagged as: incometaxact

Panel Report on Income Tax Act Overhaul Expected by December

By: Admin | August 24, 2024 | Categories: TAX News | 4 Min Read The finance ministry has established a five-member committee tasked with revamping the Income Tax Act of…

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Supreme Court Declines Environmental Lawyer’s Appeal Against High Court Ruling on Income Tax Reassessment

By: AdminDate: August 13, 2024Categories: Income Tax News, NewsReading Time: 4 Min The Supreme Court declined to hear an appeal from a prominent environmental lawyer. He challenged the Delhi High…

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CBDT Announces Income Tax Exemptions for ‘West Bengal Transport Workers’ Social Security Scheme’ and ‘UIDAI’ u/s 10(46) of IT Act

By: AdminDate: August 12, 2024Categories: CBDT Notification | Press ReleaseReading Time: 4 Min The Central Board of Direct Taxes (CBDT) has issued Notifications Nos. 99 and 100 dated August 13,…

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BCCI GST Payment: Rs 2,038 Crore in FY23 and FY24

By: Admin|August 07, 2024|Categories: GST Recent News Introduction Recently, in a notification to Parliament, Minister of State for Finance Pankaj Chaudhary disclosed significant financial details regarding the Board of Control…

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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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