Centre To Soon Notify Rules For Setting Up GST Appellate Tribunals

New Delhi- The Centre will soon notify rules for setting up GST appellate tribunals and appoint members after approval from the GST Council, a...

Govt Waives Duty And Agri Cess On Crude Soya Bean, Sunflower Oil Imports Under...

New Delhi- The finance ministry has exempted imports of crude soya bean and sunflower oils from basic customs duty and agriculture infrastructure and development...

I-T Exemption Limit For Leave Encashment Upon Retirement For Salaried Employees Hiked To Rs...

New Delhi- In line with the Budget announcement, the finance ministry on Thursday hiked the tax exemption limit for leave encashment upon retirement for...

Net Direct Tax Collection Grows 19 Pc So Far In FY’24 To Rs 14.70...

New Delhi- The net direct tax collection so far this fiscal rose 19.41 per cent to Rs 14.70 lakh crore, reaching about 81 per...

Revised I-T Rules Offer Tax Relief To Employees With Rent-Free Accommodation

New Delhi- Employees drawing substantial salaries and having rent-free accommodation provided by their employers will now be able to save more and get a...

GST Not Payable On House Rented To Proprietor For Residential Purpose: CBIC

New Delhi- From January 1, GST would not be payable on housing units rented to the proprietor of a proprietary concern for residential usage...

I-T Dept Raids On Kashmir Business Group Led To Detection Of Undisclosed Income: CBDT

New Delhi-  The income-tax department has detected undisclosed income worth crores of rupees after it conducted searches against a Jammu and Kashmir-based business group engaged...

Confidential Transactions Could Add Anonymity to Litecoin

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or...

Petroleum Products Can Be Included In GST Framework Once States Agree, Says FM

New Delhi- Finance minister Nirmala Sitharaman on Wednesday said that petroleum products can be included in the Goods and Services Tax (GST) framework once...

Over 3 Crore Income Tax Returns Filed So Far: Tax Department

New Delhi- Over 3 crore ITRs for income earned in 2022-23 fiscal have been filed so far, out of which 91 per cent have...