TRAI has released a consultation paper on reviewing Telecom Consumer Protection Regulations 2012, focusing on tariff offerings, voucher validity, and more. Feedback by Aug 16.
Punjab Accountants Association urges Finance Minister to amend Section 43(B)(h) for MSMEs, proposing better payment timelines and uniform taxpayer regulations.
Finance Bill 2024 proposes an amendment to Section 55 of the Income Tax Act to clarify the computation of cost of acquisition for unlisted equity shares sold under an IPO.
Check your CA Foundation Exam results on 7th Feb 2024 at icai.nic.in. Use your registration number and roll number for result access.
Budget 2024 extends the scope for lower deduction/collection certificates under Sections 197 and 206C, effective from October 2024.
Budget 2024 introduces provisions for exempting or reducing TCS on certain transactions. Effective from October 2024.
Budget 2024 reduces penalty relief period for TDS/TCS statement filing from one year to one month. Changes effective April 2025.
Budget 2024 introduces new deadlines and penalties for non-resident liaison offices in India. Amendments effective April 2025.
Budget 2024 introduces a six-year limit for filing TDS/TCS correction statements. Amendments to sections 200 and 206C will be effective from April 2025.
For AY 2024-25, income tax rates remain unchanged across various categories, including individuals, companies, and co-operative societies. Surcharge and cess details included.
