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Archive: 22 August 2024

Posts in 22 August 2024

India’s GDP Growth and GST Amendments FY 2024-25

August 22, 2024 9 Views 0 comment Print

India’s GDP growth forecast for FY 2024-25 is raised to 7%, with GST amendments based on Council recommendations. GST to constitute 18% of total revenue.

Employees’ Provident Fund (EPF) Withdrawal Rules

August 22, 2024 Views 0 comment Print

Understand EPF withdrawal rules, tax implications, and conditions for partial and full withdrawals in 2024. Know when and how your EPF can be tax-exempt.

Rupees 43 trillion Income Tax Demands to Make India Richer and Indians Poor

August 22, 2024 Views 0 comment Print

Faceless assessments in FY 23-24 raised Rs 43 trillion in tax arrears, sparking concern over the impact on India’s tax ecosystem and small businesses.

GST on Hostel and PG Accommodation services

August 22, 2024 Views 0 comment Print

Learn about GST on hostel and PG accommodations, key exemptions, and recent amendments impacting students and professionals. Stay compliant with the latest GST rules.

Consultation paper on proposed IFSCA (Informal Guidance) Scheme, 2024

August 22, 2024 Views 0 comment Print

IFSCA seeks feedback on its proposed Informal Guidance Scheme, 2024, aimed at providing clarity on legal and regulatory issues in the IFSC.

CBDT Central Action Plan 2024-2025

August 22, 2024 Views 0 comment Print

The Central Action Plan 2024-2025 by CBDT aims to optimize India’s direct tax system, focusing on revenue, litigation, taxpayer services, and efficient administration.

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