Building on the National Action Plan for Toys, the government will also implement a scheme to develop the clusters, skills, ...

Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

Tax simplification should not be seen as a one-time effort but as a continuous process that evolves with changes in the economy, technology, and global practices.

Experts have hailed certain measures announced in the Budget aimed at supporting MSMEs and exports; however, they are ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...

ITC Refund Challenges for Exporters Who Cancel Their GST Registration A Case Study on GST Procedural Hurdles and System Limitations Sri Shanmuga Hardwares ...

Also, while just 32 million taxpayers are the beneficiaries of the I-T concessions, reduction in GST rates is bound to impact almost the entire population. It would also help keep inflation in check ...

The aviation major has received two GST-related penalty orders worth ₹115.86 crore, which are currently being contested.

A larger penalty of Rs 113.02 crore was imposed by the Additional Commissioner of Central Goods & Service Tax - Delhi South ...

J&K Bank shares fell 3.83 per cent to hit a low of Rs 99.35 on BSE. The bank said it has strong case on merits and has ...

In India, the total telephone subscriber base stood at 1,203.69 million in May 2024. Tele-density of rural subscribers reached 59.59% as of May 2024. * Total volume of wireless data usage increased by ...