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Amendment of Notification No. 11/2021-Customs for AIDC Revision

July 23, 2024 43776 Views 0 comment Print

Notification No. 32/2024-Customs revises AIDC rates on certain items, amending No. 11/2021-Customs. Effective 24th July 2024, published by Ministry of Finance.

Eight New Measures to Support MSMEs in Union Budget 2024

July 23, 2024 1692 Views 0 comment Print

Union Budget 2024 introduces eight new MSME support measures, including credit schemes, enhanced Mudra loans, and new SIDBI branches for easier access.

Budget 2024: 3 New Employment Incentive Schemes to Boost Job Creation

July 23, 2024 1032 Views 0 comment Print

Govt launches 3 employment schemes: wage support for new workers, incentives for manufacturing jobs, and employer support to boost 90 lakh jobs.

Budget 2024: GST a Success, Reduced Tax Burden on Common Man

July 23, 2024 1326 Views 0 comment Print

Finance Minister lauds GST success, highlights reduced tax incidence, simplified compliance, and eased appeal processes in the Union Budget 2024-25.

Budget 2024: Capital Gains Taxation Simplified And Rationalised

July 23, 2024 4470 Views 0 comment Print

Finance Ministry’s new capital gains tax: Short-term gains at 20%, long-term at 12.5%. Exemption limit raised to ₹1.25 lakh for financial assets.

Highlights of The Union Budget 2024-25

July 23, 2024 8211 Views 0 comment Print

Discover the key highlights of the Union Budget 2024-25, including tax reforms, employment schemes, and infrastructure investments. Learn more about the latest updates.

India’s Real GDP Projected To Grow Between 6.5–7 Per Cent In 2024-25

July 22, 2024 1161 Views 0 comment Print

Indias real GDP grew 8.2% in FY24, with projected growth of 6.5-7% for FY25. Retail inflation drops, and capital expenditure surges. Learn more about economic trends.

Provisional attachment of bank account(s): Section 110(5) of Customs Act, 1962

July 22, 2024 1461 Views 0 comment Print

Review CBICs Instruction No. 19/2024 on provisional bank account attachment under Section 110(5) of the Customs Act. Key compliance and procedural details.

Classification of Raw Silicon Carbide Bricks for DPF application: CAAR Ruling

July 22, 2024 672 Views 0 comment Print

Read the full order by CAAR Mumbai on the classification of raw silicon carbide bricks by Ibiden Singapore Pte Limited under the Customs Tariff Act, 1975.

Shell Companies in India: Actions and Statistics

July 22, 2024 2196 Views 0 comment Print

Review Indias actions against shell companies and see the state-wise statistics, including Andhra Pradesh, for the last five years.

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