Union Budget News

FM Nirmala Sitharaman Chairs First Pre-Budget Consultation with Leading Economists

21 June 2024 at 08:45

On Wednesday, Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the first pre-budget consultation in preparation for the General Budget 2024-25.

Posted in Union Budget | 2496 Views

Budget 2024: Govt Poised to Slash Personal Income Tax Rates

19 June 2024 at 08:49

The government is reportedly considering significant reforms to the current income tax structure, specifically targeting lower income levels, to enhance consumption and stimulate economic activity.

Posted in Union Budget | 3762 Views

Finance Ministry Seeks Industry Input for Budget 2024-25 Tax Changes

15 June 2024 at 07:28

The Ministry of Finance, Department of Revenue, Tax Research Unit has taken a proactive step towards inclusive policy-making by inviting suggestions from Industry and Trade Associations for the upcoming Budget 2024-25.

Posted in Union Budget | 2709 Views

Chartered Accountant Defrauded of Rs 4.11 Crore In Investment Scam

04 March 2024 at 09:12

The Kurar Police has initiated legal action against individuals accused of defrauding a chartered accountant, Pradeep Parameshwarlal Banka, to the tune of Rs 4.11 crore.

Posted in Union Budget | 4851 Views

Central Government Notifies Finance Act 2024

16 February 2024 at 17:17

The Indian government has officially notified the Finance Act, 2024, after its passage through the Parliament and receiving the President's assent on February 15, 2024.

Posted in Union Budget | 5889 Views

Lok Sabha Passes Finance Bill 2024

08 February 2024 at 09:30

On Wednesday, the Lok Sabha marked a significant milestone in India's fiscal landscape by passing the Finance Bill 2024, effectively concluding the legislative process for the interim budget 2024-25.

Posted in Union Budget | 5538 Views

Budget 2024: CBDT Chairman Nitin Gupta Lauds Swift Tax Return Processing

05 February 2024 at 09:16

In a significant development, Nitin Gupta, Chairman of the Central Board of Direct Taxation (CBDT), has announced that the process of tax return filing has been streamlined, reducing the turnaround time to just 10 days. G

Posted in Union Budget | 2430 Views

ICAI Commends Interim Budget 2024 for Successful Structural Reforms Paving the Way to a Stronger India

02 February 2024 at 09:27

ICAI appreciates the interim budget and feels that the structural reforms taken by the Government have now started bearing the fruit and is laying the foundation for a stronger and resilient new India.

Posted in Union Budget | 5736 Views