CAclubindia News


Budget 2023-2024: 15% concessional tax to promote new manufacturing co-operative society

   01 February 2023 at 13:49

The Taxation Laws (Amendment) Act, 2019, inter-alia, inserted section 115BAB in the Act which provides that new manufacturing domestic companies set up on or after 01.10.2019, which commence manufacturing or production by 31.03.2023 and do not avail

Posted in Union Budget |   3513 Views


Budget 2023-24: Relief to start-ups in carrying forward and setting off of losses

   01 February 2023 at 13:38

Section 79 of the Act restricts carrying forward and setting off of losses in cases of companies, other than the companies in which the public is substantially interested. It prohibits setting off of carried forward losses if there is change in share

Posted in Union Budget |   2481 Views


Budget 2023-24: Extension of date of incorporation for eligible start-up for exemption

   01 February 2023 at 13:38

The existing provisions of the section 80-IAC of the Act, inter alia, provides for a deduction of an amount equal to hundred percent of the profits and gains derived from an eligible business by an eligible start-up for three consecutive assessment y

Posted in Union Budget |   3252 Views


Budget 2023-24: Penalty for cash loan/ transactions against primary co-operatives

   01 February 2023 at 13:38

Section 269SS of the Act provides that no person shall take from any person any loan or deposit otherwise than by an account payee cheque or account payee bank draft or online transfer through a bank account, if the amount of such loan or deposit is

Posted in Union Budget |   4233 Views


Direct Tax Proposals of Union Budget 2023-24

   01 February 2023 at 13:22

Direct Tax Proposals of Union Budget 2023-24

Posted in Union Budget |   13620 Views


Indirect Tax Proposals of Union Budget 2023-24

   01 February 2023 at 13:05

Indirect Tax Proposals of Union Budget 2023-24

Posted in Union Budget |   10155 Views


Budget Speech: 2023-24

   01 February 2023 at 12:53

I present the Budget for 2023-24. This is the first Budget in Amrit Kaal.

Posted in Union Budget |   3789 Views


GST collection at nearly Rs 1.56 lakh crore in January, second highest ever

   01 February 2023 at 08:26

2nd highest Gross GST collection in January 2023, breaching earlier 2nd highest record in the Month of October 2022

Posted in GST |   3903 Views


Summary of Economic Survey 2022-23

   31 January 2023 at 15:12

The Survey underlines that Inflation and monetary tightening led to a hardening of bond yields across economies and resulted in an outflow of equity capital from most of the economies around the world into the traditionally safe-haven market of the US

Posted in Union Budget |   3777 Views


Economic Survey 2022-23: Highlights

   31 January 2023 at 15:03

Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, presented the Economic Survey 2022-23 in the Union Parliament today.

Posted in Union Budget |   7074 Views