Changes under the Income Tax Law as proposed in Budget 2024
Changes under GST Law as proposed in Budget 2024-25
We have listed down certain important activities for the smooth transition/ closure of the Financial Year 2023-24
When GST was introduced in the Country, the Government ensures either a reduction in GST rates and/ or allowed GST credit, which was not available in the pre-GST regime on various Goods or Services and wanted corresponding benefits as allowed to the Companies by forgone revenues on above account should be passed to the consumers.
GSTGST has been a landmark reform of Independent India, enabling "One Nation One Tax One Market". GST has reduced the compliance burden on trade and i..
Direct TaxInterim Budget for 2024-25 is presented by Hon'ble Finance Minister Smt. Nirmala Sitharaman today i.e. February 01, 2024 and highlighted that the Indi..
GST Council in its 50th and 51st GST Council meetings recommended the substantial changes to the taxation landscape on the actionable claims supplied in Casinos, Horse racing and Online gaming,will be taxed @28% on full face value, irrespective of whether the activities are a game of skill or chance.
Sections 137 to 162 of the Finance Act, 2023 (the FA,2023) (except Sections 149 to 154) will come into force from October 01, 2023 vide Notification no. 28/2023-Central Tax dated July 31, 2023.
GST chargeable on OIDAR services by foreign firms to individuals & Govt irrespective of any usage w.e.f. 1st Oct 2023
Stay informed about the latest updates in CIF contracts as the government announces changes exempting IGST on ocean freight. Learn how these changes may impact your international trade agreements.