CAclubindia News


Presumptive Tax Regime Introduced for Non-Residents in Electronics Sector

   06 February 2025 at 08:45

Scheme of presumptive taxation extended for non-resident providing services for electronics manufacturing facility  

Posted in Union Budget |   450 Views


Tax Relief for Non-Residents: Section 10 Amendment on Offshore Derivative Instruments in IFSC

   06 February 2025 at 08:45

Amendment of Section 10 related to Exempt income of Non-Residents

Posted in Union Budget |   1161 Views


Tax Relief for Global Investors: India Extends SWF & PF Investment Deadline to 2030

   06 February 2025 at 08:45

Extension of date of making investment by Sovereign Wealth Funds, Pension Funds & others and rationalisation of tax exemptions

Posted in Union Budget |   336 Views


GST Council Close to Finalizing Fewer, Lower Tax Rates: FM Sitharaman

   06 February 2025 at 08:45

In a significant development for India's taxation landscape, Finance Minister Nirmala Sitharaman announced on Tuesday that the GST Council is close to finalizing its decision on rationalizing GST rates.

Posted in GST |   381 Views


Section 271AAB Amended by Finance Bill 2025: Major Changes in Penalty Provisions Under IT Act

   06 February 2025 at 08:45

Major Changes in Penalty Provisions Under Income-tax Act: Section 271AAB Amended by Finance Bill 2025

Posted in Income Tax |   372 Views


New Direct Tax Code to Simplify Structure, No New Taxes to Be Introduced: Finance Secretary

   06 February 2025 at 08:45

In a significant update ahead of the Budget 2025-26, Finance Secretary Tuhin Kanta Pandey confirmed that the upcoming New Direct Tax Code Bill will not introduce any new taxes.

Posted in Income Tax |   1842 Views


MCA21 Records 80.26 Lakh Form Filings in FY 2024-25

   05 February 2025 at 08:57

MCA21 records 80.26 lakh form filings between April 2024 to January 2025 driving Ease of Doing Business with enhanced digital solutions

Posted in Corporate Law |   435 Views


CBDT Outlines Data Sharing Mechanism for PMGKAY Beneficiary Identification between DGIT (Systems) and DFPD

   05 February 2025 at 08:56

CBDT has issued a new directive for the sharing of taxpayer information with the Department of Food and Public Distribution (DFPD) for identifying eligible beneficiaries under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY)

Posted in Income Tax |   402 Views


FM Sitharaman Urges Southern States to Present Tax Devolution Concerns to 16th Finance Commission

   05 February 2025 at 08:56

Amid growing concerns from southern states over the perceived unfair distribution of tax revenues, FM Nirmala Sitharaman has emphasized that it is the Finance Commission, not the central government, that determines the devolution of taxes.

Posted in Income Tax |   162 Views


CBDT Chairman Emphasizes 'Trust First' Approach in Tax Administration

   05 February 2025 at 08:56

In a significant move reflecting the evolving landscape of India's tax administration, CBDT Chairman Ravi Agrawal announced a shift towards a more participative and non-adversarial approach.

Posted in Income Tax |   480 Views