The Union Budget 2024, presented by Finance Minister Nirmala Sitharaman on 1st February 2024, has been the centre of attention for citizens, businesses, and economists alike. This year's budget aimed to address the concerns of various sectors and provide relief to salaried individuals. While some aspects of the budget were a continuation of previous policies, new measures were introduced to boost the economy, promote inclusive development, and lay the foundation for a sustainable future.
In a pre-budget report, India Ratings said it expects the new budget to consolidate and strengthen the plan set out in the last budget
Income Tax Update: There is great news for income tax payers. If you are also troubled by the heavy tax on income, then now the Finance Minister has given | The Eastern Herald
In a significant appeal to the government ahead of Union Budget 2024, the National Restaurant Association of India (NRAI) has called for the reinstatement of
45-days Payment Rule for MSMEs: The Finance Ministry is contemplating a revision to a recent tax regulation requiring businesses to settle payments to small
TaxHeal is a complete portal for latest Updates and Information on GST, Income Tax Return, Tax Saving, GSTR etc.It also provides Book for CA,TAX exams.
Companies need to adopt a proactive approach in understanding the potential impact of GST on their ERP systems before the GST Bill becomes a law.
According to the GSTN advisory, the above procedure can be followed until the changes are implemented on the GST Portal. Stay compliant with these updated
Five major announcement made by the hon'ble finance minister of India Smt. Nirmala Sitharaman during the union budget presented at parli...
India needs to expand its tax base to strengthen the finances of the union and state governments, according to a review of the economy by the finance ministry's economic division. The review cited taxation reforms in the last decade, which have reduced the tax burden on corporations and individuals and removed distortionary incentives.
Finance Minister Nirmala Sitharaman unveiled the Interim Budget 2024 on February 1, 2024, outlining the financial landscape for the upcoming fiscal year
The income tax law specifically carves out an exemption from levy of gift tax on transfers done by way of will or inheritance.
Come July 1 and leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting ...
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Penalty of 5.49 Cr imposed on Paytm Payments Bank: According to a press release of Ministry of Finance on 1 March 2024, the Financial Intelligence Unit-India
There's Good news for all the startups in India. This good news is tax holiday for startups extended by one more year.