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Archive: February, 2024

Posts in February, 2024

Analysis of changes proposed by Finance Bill 2024 in ISD Mechanism

February 1, 2024 6819 Views 0 comment Print

Explore the implications of Finance Bill 2024 changes to the Input Service Distributor (ISD) mechanism in the GST Law, including mandatory distribution, expanded scope, and procedural adjustments.

RBI Announces 97.50% Return of ₹2000 Banknotes

February 1, 2024 639 Views 0 comment Print

Discover the latest status on the withdrawal of ₹2000 banknotes by RBI. Analysis of the return, total circulation, and legal tender status as of February 01, 2024

Measures for facilitating efficient conduct of the processes by Insolvency Professionals

February 1, 2024 735 Views 0 comment Print

Explore the latest circular from IBBI providing crucial clarifications on the conduct of Insolvency Professionals, covering aspects like rendering professional services in resolution plan implementation and billing compliance.

Measures for rationalisation of regulatory framework of Insolvency Professional Entities

February 1, 2024 678 Views 0 comment Print

Explore the recent circular from IBBI introducing crucial clarifications on disciplinary proceedings, assignment limits, and fee structures for Insolvency Professional Entities (IPEs).

Direct Tax Collections Tripled, Return Filers Surge 2.4 Times in Past Decade

February 1, 2024 588 Views 0 comment Print

Explore the Interim Budget 2024-25 highlights as Union Finance Minister Nirmala Sitharaman reveals a remarkable threefold increase in direct tax collections and a surge in return filers. Discover tax rate reductions, improved services, and the swift processing of returns.

Average Monthly Gross GST Collection Doubles To Rs. 1.66 Lakh Crore

February 1, 2024 1002 Views 0 comment Print

Discover the financial landscape as Finance Minister Nirmala Sitharaman reveals the success of GST, doubling monthly collections to ₹1.66 lakh crore. Learn about increased state revenues and consumer advantages

Interim Budget propose to retain tax rates for direct and indirect taxes

February 1, 2024 558 Views 0 comment Print

Explore the Interim Budget 2024 key highlights – unchanged tax rates, relief for direct tax demands, and benefits for startups. Details from Finance Minister Nirmala Sitharaman.

Interim Union Budget 2024-25: Vision and Key Highlights

February 1, 2024 1299 Views 0 comment Print

Explore the major announcements from the Ministry of Finance in the Interim Union Budget 2024-25, covering social justice, infrastructure, taxes, and economic reforms.

Summary of Interim Union Budget 2024-25

February 1, 2024 1734 Views 0 comment Print

Explore the highlights of India’s Interim Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman. Learn about GDP projections, fiscal policies, and strategic initiatives.

Updation of changes vide Budget 2024-25 in System

February 1, 2024 1350 Views 0 comment Print

Explore the impact of Budget 2024-25 updates by the Office of the Pr. Commissioner of Customs. Learn about changes, timelines, and advice for importers and customs brokers.

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