All posts tagged "TAX"
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52MaharashtraMaharashtra Government Announced Abolition Of Non-Agricultural Tax
While hammering out more than 32 decisions in what was probably the last cabinet meeting ahead of the state assembly elections, the...
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51Delhi NCRDelhi Launches New Incentive Scheme To Encourage Scrapping Of Old Vehicles; Check Details
The government of Delhi has announced an initiative to encourage residents to upgrade their vehicles. According to a statement released on Wednesday,...
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56NEWSSupreme Court upholds 90,000 tax reassessment notices issued under old regime
In a setback to taxpayers, the Supreme Court on Thursday upheld around 90,000 tax reassessment notices issued by the revenue department between...
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93FINANCEGST Rate Cut: Tax on several mass-use products may be reduced
Aministerial panel on GST rate rationalisation is considering lowering GST rates on several mass-use items, including medicines and tractors, to 5%. However,...
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50NEWSSupreme Court clarifies GST input tax credit can be claimed on construction for rental services
The Supreme Court of India ruled that if a building’s construction is essential for providing services like leasing or renting, it could fall under the ‘plant’...
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46FINANCENew Rule For Taxpayers Kicks In From Tomorrow, 1 October 2024 — Details Of Direct Tax Vivad Se Vishwas Scheme 2024
New Delhi: The Central Board of Direct Taxes (CBDT) recently notified Rules and Forms for Direct Tax Vivad Se Vishwas (DTVSV) Scheme,...
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50FINANCEPay a penalty of Rs 1.5 lakh or 0.5% of total sales if you fail to upload tax audit report within next 3 days
Income tax audit report submission deadline is September 30, 2024, for FY 2023-24 (AY 2024-25). If you miss this deadline then you can...
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51HEALTHHealth, life insurance premium needs a tax cut? GoM to meet on October 19
The ministerial panel to decide on lowering goods and services tax (GST) on health and life insurance premiums will have its first...
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63FINANCEHow to calculate capital gains tax on sale of land?
Individuals and Hindu Undivided Families (HUFs) have two options for calculating their long-term capital gains (LTCG) tax on sale of property –...
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58EPFOEPF explained: Understanding interest, tax, contributions, and TDS applicable to Employees Provident Fund
Employee Provident Fund (EPF) is a retirement savings scheme for employees, offering tax benefits during the contribution phase. However, when it comes...
