Finance Bill 2024 proposes a new provision allowing parents to claim TCS credit for minor children under specific conditions, effective January 2025.
Finance Bill 2024 proposes increasing the deduction limit for working partner remuneration to Rs. 3,00,000 or 90% of book profit, effective April 2025.
Finance Bill 2024 increases interest on late TCS payments to 1.5% from April 2025, aligning with TDS rates and improving tax compliance.
GST AAR Kerala rules that differential dealer margins for petroleum products are taxable under GST as a service, with a rate of 18%. Learn more here.
AAR Kerala rules 18% GST on KLDC contracts for 01/01/22 to 17/07/22. Understand the implications and details of this ruling on government entity projects.
Read the detailed analysis of the GST AAR Kerala ruling on input tax credit claims involving post-supply discounts by Kotoor Mathew Jose Mathew.
The FAO grant to Last Forest Enterprises Pvt Ltd is ruled as not a supply under GST by the Tamil Nadu AAR. Learn about the detailed ruling and its implications.
IBBIs recent order finds Vijaykumar Varun in violation of Insolvency Code provisions. Read details on non-compliance and disciplinary actions taken.
ICAI applauds Budget 2024-25 for its focus on employment, skilling, MSMEs, and the middle class. Discover key tax reforms and economic initiatives.
Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!
