CBIC amends Notification No. 18/2022-Central Excise, dated the 19th July, 2022 to increase the Special Additional Excise Duty on production of Petroleum Crude to Rs. 12,100 per tonne from earlier Rs. 10,000 per tonne and reduce the Special Additional Excise Duty on export of ATF to Rs. 2.50 per litre from earlier Rs. 3.5 per litre […]
CBDT’s recent notification (No. 85/2023) outlines tax exemption for the ‘National Farmers Welfare Program Implementation Society.’ Discover the income sources covered and conditions here.
CBDT’s latest notification (No. 84/2023) on ‘Punjab Nurses Registration Council’ clarifies its tax-exempt status for specific income sources. Details here.
CBDT introduces Rule 21AHA & Form 10-IFA for exercising option under Section 115BAE(5) of Income Tax Act, 1961. Learn the rules, process, and significance.
IBBI has canceled registration of an Insolvency Professional (IP) for failing to disclose involvement in legal proceedings initiated by Enforcement Directorate (ED).
Check out revised interest rates for Small Savings Schemes in India for the period from October to December 2023, as per Ministry of Finance.
Government of India amends Customs notification No. 55/2022 to provide export duty exemption for Bangalore Rose Onion. Learn about the changes in this notification.
Read about the NFRA order against CA Aabhas Tiwari for professional misconduct in DHFL audit, including penalties and debarment details.
Discover amendments introduced by Notification No. 14/2023 – Integrated Tax (Rate) to address specified actionable claims, effective from October 1, 2023.
CESTAT Hyderabad held that CENVAT Credit on inputs used for fabrication of capital goods like pollution control equipment, heating furnace, casting machine, coating machine, chimney, rolling machine, reheating machine, control panel, etc. is eligible.
