Period of registration of smaller trusts or institutions – To reduce the compliance burden for the smaller trusts or institutions, it is proposed to increase the period of validity of registration of ...
Government of India Ministry of Finance (Department of Revenue Central Board of Indirect Taxes & Customs North Block, New Delhi-110001 D.O.F.No.334/3/2025-TRU | Dated: 1st February, 2025. Dear ...
Explanatory Memoranda to various Notifications issued on 1st February 2025 detail significant amendments in customs and excise duties, along with specific exemptions for various goods. Notification ...
LIMIT TO BE Rs. 12.75 LAKH FOR SALARIED TAX PAYERS, WITH STANDARD DEDUCTION OF RS. 75,000 UNION BUDGET 2025-26 BRINGS ACROSS-THE-BOARD CHANGE IN INCOME TAX SLABS AND RATES TO BENEFIT ALL TAX-PAYERS ...
Smt. Nirmala Sitharaman informed that the FDI limit for the insurance sector will be raised from 74 to 100 per cent. This enhanced limit will be available for those companies which invest the entire ...
Union Budget 2025-26 aims to accelerate MSME growth by enhancing investment and turnover limits for classification, aiming to boost efficiency, technology adoption, and access to capital. Investment ...
ITAT Raipur held that exemption under section 11 and section 12 of the Income Tax Act not admissible to assessee society due to non-furnishing of return of income as required u/s. 12A (1) (b) of the ...
ITAT Delhi held that denial of exemption under section 54B of the Income Tax Act for purchase of agricultural land in the name wife of the assessee is not justifiable. Accordingly, denial of benefit ...
SLEW OF DIRECT TAX REFORMS PROPOSED IN UNION BUDGET 2025-26 TO ACHIEVE GOOD GOVERNANCE Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman presented the Union Budget 2025-26, in ...
To promote development of domestic MROs for aircraft and ships, the July 2024 Budget extended the time limit for export of foreign origin goods that were imported for repairs, from 6 months to one ...
Union Budget 2025-26 introduces key amendments to GST laws to enhance trade facilitation. Starting from April 1, 2025, input tax credit distribution will be allowed by Input Service Distributors for ...
यह कि सीजीएसटी अधिनियम 2017 के अनुसार, जीएसटीआर 9 को वार्षिक रिटर्न कहा जाता है, जबकि जीएसटीआर 9सी को समाधान विवरण कहा जाता है। यह कि फाइलिंग प्रक्रिया के अनुसार सबसे पहले जीएसटीआर 9 जमा करना अनिवार्य ...