Govt. clarifies no plans to waive GST on artificial limbs and assistive devices for physically disabled, as they already attract the lowest tax rate of 5%.
Govt. confirms no changes to the process of tax exemptions for STs in Meghalaya, clarifying no certificates are needed to claim exemptions under Section 10(26).
Key factors affecting the rupee’s fall against the dollar, including global influences, oil prices, and foreign investments, explained by the Finance Ministry.
Govt. considers reducing GST on term and health insurance for seniors and those with coverage up to ₹5 lakh, with discussions ongoing within GST Council.
GST rate reduction, rationalization, and the Centre-State issue discussed in the Lok Sabha, highlighting data and government responses in December 2024.
UPI processed over 16B transactions worth ₹23.49 Lakh Crore in October 2024, marking significant growth in India’s digital payment ecosystem.
MCA enhances compliance and ease of doing business with decriminalization of 63 offences, faster company strike-offs, and streamlined corporate processes.
CBI arrests two Income Tax employees in Silchar for accepting Rs. 4,000 bribe as part of a Rs. 10,000 demand for PAN card closure. Investigation continues.
ICAI announces a complete ban on canvassing 24 hours before and during polling for the 2024 Council and Regional Councils elections.
ICAI issues 2024 election instructions for candidates, emphasizing a fair process, including polling day restrictions, authorized representatives, and prohibited actions.
