Finance Minister Nirmala Sitharaman, who heads the GST Council, informed that the Group of Ministers (GoM) will be helmed by Bihar Deputy...
The Goods and Services Tax (GST) Council may consider imposing 18% GST on payment aggregators (PAs) for small digital transactions up to...
Based on these proposals, further details, including software requirements for e-commerce export hubs (ECEH) to facilitate seamless and expeditious export clearances, will...
The Union Finance Minister also commended that tax notices should be temperate, simple and easy to understand for the taxpayer. New Delhi: As...
Finance Minister Nirmala Sitharaman, in an effort to enhance the attractiveness of the New Tax Regime for salaried taxpayers, introduced two significant...
The government will introduce the Banking Laws (Amendment) Bill, 2024, in the Lok Sabha today. Among other provisions, the Bill seeks to...
Minimum account balance rule does not apply to PM Jan Dhan accounts and basic savings accounts. It applies only to those bank...
The new capital gains tax rules, effective from July 23, 2024, altered the calculation of capital gains by eliminating the indexation adjustment...
A high 18% GST on life and health insurance premiums in a country like India, where insurance penetration is low, defies logic....
The move would be beneficial for individuals applying for home loans whose creditworthiness is not easy to determine. After A New credit assessment...