CBIC reduces Special Additional Excise Duty on diesel exports to Rs. 0.50 per litre from Rs. 1.00, effective December 19, 2023. Details in Notification No. 42/2023-Central Excise.
Get the latest update: CBIC slashes SAED on Petroleum Crude to Rs. 1300/tonne and hikes SAED on ATF Exports to Rs. 1/litre, effective December 19, 2023. Details in Notification No. 41/2023-Central Excise.
Explore the latest Income Tax Amendment (Twenty-Eighth Amendment) Rules, 2023. Understand the new investment clause and its impact. Stay informed with the Ministry of Finance.
Telecommunications Bill, 2023 introduced in Lok Sabha to amend and consolidate the law relating to development, expansion and operation of telecommunication services and telecommunication networks; assignment of spectrum; and for matters connected therewith or incidental thereto.
Explore the tax implications of Corporate Social Responsibility (CSR) in India. Understand how CSR expenses impact deductions, taxes, and financial compliance.
Under section 45 of PMLA Act, the extent of involvement of the persons falling in such category in the alleged offences, the nature of evidence collected by the investigating agency etc., would be material considerations.
In this article, we delve into the provisions of TDS as per Section 51 of the GST Act, shedding light on key aspects such as applicability, rates, persons liable to deduct TDS, and the procedural intricacies involved.
ITAT Kolkata held that education cess is not allowable expenditure under section 37(1) of the Income Tax Act.
ITAT Chennai held that reopening after expiry of 4 years, without establishing any failure on part of the assessee to disclose any material facts necessary for its assessment, is bad-in-law and liable to be quashed.
Learn how to navigate SAMAY Dashboard efficiently as a Chief Commissioner/Commissioner or ADG/DG. Streamline order management, update statuses, and generate performance reports effortlessly.
