Sponsored
    Follow Us:

Budget 2024

Latest Articles


Enhanced Limits for Partners Remuneration: Section 40(b) & 194T

Income Tax : Learn about Section 40(b) limits on partner remuneration and the introduction of Section 194T for TDS on remuneration, effective A...

February 11, 2025 3591 Views 0 comment Print

Pre Budget Memorandum 2025: Tax Base, Avoidance, Litigations

Income Tax : Explore key tax reforms in the Pre-Budget Memorandum 2025. Suggestions include expanding the tax base, curbing tax avoidance, and ...

January 16, 2025 32409 Views 7 comments Print

Block Assessment under Chapter XIV-B of Income Tax Act, 1961

Income Tax : Explore reintroduction of block assessments under Income Tax Act via Finance Act 2024, its implications, challenges, and way forwa...

December 30, 2024 1455 Views 0 comment Print

Key Amendments to Capital Gains in Budget 2024-25

Income Tax : Explore key amendments under capital gains in the 2024-25 budget, including changes to buyback tax, indexation removal, and capita...

October 13, 2024 10350 Views 0 comment Print

Key Income Tax Amendments in July Budget 2024 Effective October 1, 2024

Income Tax : Key tax changes from the July 2024 Budget effective October 1. Covers TDS rates, share buyback taxation, VSV 2.0, and other import...

October 2, 2024 13380 Views 0 comment Print


Latest News


Salaried & Minors: Income-Tax Rules for TDS/TCS Credit Claims amended

Income Tax : CBDT simplifies TDS for salaried employees and enables parents to claim TCS credit for minors through recent amendments in Income-...

October 18, 2024 4278 Views 1 comment Print

Proposed Amendments to Finance (No. 2) Bill, 2024: Key Changes

Income Tax : Key amendments to the Finance (No.2) Bill, 2024, include changes in tax rates, capital gains, customs duties, and excise laws, eff...

August 8, 2024 20166 Views 0 comment Print

ICAI President’s August 2024 Message: Exam Results & Economic Insights

CA, CS, CMA : ICAI President's August 2024 message highlights India's economic growth, recent exam results, and the Union Budget's role in achie...

August 2, 2024 477 Views 0 comment Print

Budget 2024: Key Changes in GST and Customs

Goods and Services Tax : Discover the major amendments in GST, excise, and customs duties introduced in Budget 2024, including changes in CGST, IGST, and C...

July 30, 2024 3804 Views 0 comment Print

Amendment to Section 55: Clarifying Cost of Acquisition for Equity Shares

Income Tax : Finance Bill 2024 proposes an amendment to Section 55 of the Income Tax Act to clarify the computation of cost of acquisition for ...

July 27, 2024 8022 Views 1 comment Print


Latest Judiciary


Key GST Amendments in Finance Bill 2024

Goods and Services Tax : Discover the key amendments in the Finance (No. 2) Bill, 2024, affecting CGST, IGST, UTGST, and Cess Act, including tax exemptions...

July 26, 2024 4830 Views 1 comment Print


Latest Notifications


GST Notification No. 17/2024 – Finance Act Provisions Effective Dates

Goods and Services Tax : Ministry of Finance notifies commencement dates for provisions of the Finance (No. 2) Act, 2024. Key sections to come into force b...

September 27, 2024 21399 Views 0 comment Print

Finance (No. 2) Act, 2024

Income Tax : On August 16, 2024, President Droupadi Murmu officially granted her assent to the Finance (No 2) Bill, 2024. With this move, the b...

August 16, 2024 7257 Views 0 comment Print

Finance (No. 2) Bill, 2024 – As Passed by Lok Sabha on 7.8.2024

Income Tax : Explore the Finance Bill 2024, detailing income tax rates, surcharges, and provisions for various taxpayers, including individuals...

August 7, 2024 7269 Views 0 comment Print

GST: Govt notifies section 11 to 13 of Finance Act (No. 8) 2024

Goods and Services Tax : Govt. sets October 1, 2024, for Finance Act 2024, Section 13; April 1, 2025, for Sections 11 and 12, under Notification No. 16/202...

August 6, 2024 4737 Views 0 comment Print

Customs Tariff Amendment Rules 2024: CVD & Injury Determination

Custom Duty : Notification No. 51/2024-Customs (N.T.) introduces New Shippers Review in countervailing duty rules, effective from 24th July 2024...

July 23, 2024 681 Views 0 comment Print


GST Proposed Amendments- Finance Budget 2024

July 25, 2024 1794 Views 0 comment Print

Explore the proposed amendments to GST in the Finance Budget 2024, including changes to Section 9(1), Section 74A, ITC claims, and more.

Rationalization and simplification of capital gains: Union budget 2024

July 25, 2024 1332 Views 0 comment Print

Union Budget 2024 proposes revised holding periods, increased short-term capital gains tax rates, and uniform long-term capital gains tax rates.

Budget 2024: Rationalization of Income Tax Re-assessment Provisions

July 25, 2024 1422 Views 0 comment Print

Discover the key amendments in the Finance (No.2) Bill, 2024, affecting income tax reassessment procedures under the Income-tax Act, 1961.

Budget 2024 में सीजीएसटी/आईजीएसटी अधिनियम 2017 में प्रस्तावित संशोधन की समीक्षा

July 25, 2024 468 Views 0 comment Print

वित्त विधेयक संख्या 02/2024 में CGST/IGST अधिनियम, 2017 में प्रस्तावित संशोधनों की विस्तृत समीक्षा। मानव उपभोग हेतु शराब और अन्य महत्वपूर्ण संशोधन।

Highlights on Major Changes In GST As Proposed In Finance Bill 2024

July 25, 2024 1059 Views 0 comment Print

Discover the significant GST changes proposed in the Finance Bill 2024. Learn about amendments to key sections, including ITC claims, TDS returns, and appeal procedures.

Budget 2024 allows Claiming credit for TCS of minor in the hands of parent

July 25, 2024 1491 Views 0 comment Print

Finance Bill 2024 proposes a new provision allowing parents to claim TCS credit for minor children under specific conditions, effective January 2025.

Budget 2024: Increase in limit of remuneration to working partners of firm

July 25, 2024 4077 Views 0 comment Print

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.

Interest Rate for Late TCS Payments Increased to 1.5%

July 25, 2024 2013 Views 0 comment Print

Finance Bill 2024 increases interest on late TCS payments to 1.5% from April 2025, aligning with TDS rates and improving tax compliance.

Budget 2024: Amendment to section 271FAA to comply with AEOI framework

July 25, 2024 354 Views 0 comment Print

Budget 2024 amends Section 271FAA to include penalties for inaccurate information and due diligence failures, effective October 1, 2024.

All about Direct Tax Vivad se Vishwas Scheme 2024 proposed in Budget 2024

July 25, 2024 5367 Views 0 comment Print

Explore the Direct Tax Vivad se Vishwas Scheme 2024 for resolving pending tax disputes. Learn about its provisions, benefits, and implementation details.

Sponsored
Sponsored
Search Post by Date
February 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
2425262728