- Tuesday
- May 21st, 2024
- Submit Post
[ad_1] Boosted by a strong increase in domestic demand, collection through Goods & Services Tax (GST) touched an all-time high of â¹2.10 lakh crore in April. This is the first time that collection has crossed â¹2 lakh crore since the...
[ad_1] The government has cut windfall tax on domestically produced crude oil to ₹8,400 per tonne from ₹9,600 per tonne with effect from Wednesday. The tax is levied in the form of Special Additional Excise Duty (SAED). The SAED on...
[ad_1] The CA Institute has suggested to the government that tax incentives be extended to entities exclusively engaged in skill development programmes, considering their contemporary relevance and importance. In its pre-budget memorandum for the full budget slated for June 2024, the...
[ad_1] Budget proposes higher capital gains taxes and billions in spending on education, housing, jobs and mental health.Canada will ask the wealthy to pay higher taxes as Prime Minister Justin Trudeau’s government seeks to shore up flagging support among young...
[ad_1] Fiscal year-end closing coupled with better compliance and improved consumption pushed e-WAY bill generation to an all time high of 10.35 crore in March, data collected by GST Network (GSTN) showed. This could have some impact on GST collection...
[ad_1] Income Tax Department can now file appeal in cases of TDS (Tax Deducted at Source) or Tax Collected at Source (TCS) without any monetary limit. A similar provision will apply in cases of bogus capital gain or loss involving...