I-T Dept Tweaks Disclosure Norms For Charitable Institutions

NEW DELHI- The income tax department has tweaked disclosure norms for charitable institutions claiming I-T exemption by seeking additional details. As per amendments to the...

Digital Public Infra Helped Make Optimum Use Of Taxpayers’ Money, Reduce Leakage: FM

New Delhi- Finance Minister Nirmala Sitharaman on Thursday said digital public infrastructure has allowed India to make optimum use of taxpayers' money. Addressing a session...

Net Direct Tax Collection Rises 11% To Rs 3.80 Lakh Cr Till June 17

New Delhi- Net direct tax collection till June 17 this fiscal rose by 11.18 per cent to Rs 3.80 lakh crore on higher advance...

Govt Cuts Import Duty On Refined Soybean & Sunflower Oils To 12.5%

New Delhi- The government has reduced the import duty on refined soybean and sunflower oils to 12.5 per cent from 17.5 per cent with...

GST Mop-Up Crosses Rs 1.5 Lakh Crore For Third Month In A Row; Up...

New Delhi- GST collections crossed Rs 1.50 lakh crore for the third month in a row, recording a 12 per cent increase in May...

Govt Attempting To Link Tax Collected At Source With Tax Deducted At Source: CEA

New Delhi- The government is attempting to link tax collected at source for payments made by individuals with tax deducted from their income sources,...

I-T Exemption Limit For Leave Encashment Upon Retirement For Salaried Employees Hiked To Rs...

New Delhi- In line with the Budget announcement, the finance ministry on Thursday hiked the tax exemption limit for leave encashment upon retirement for...

Govt Waives Duty And Agri Cess On Crude Soya Bean, Sunflower Oil Imports Under...

New Delhi- The finance ministry has exempted imports of crude soya bean and sunflower oils from basic customs duty and agriculture infrastructure and development...

Govt Gives Time Till May 31 For Goods Transport Agencies To Opt For GST...

New Delhi-  The Government has extended the deadline to May 31 for Goods Transport Agencies to exercise the option of paying GST on forward...

SGST Collections Show 44.5% Growth Rate In J&K

Rs. 917.85 Crore Collected In April 2023, Marking 30.73% Growth Rate Jammu- The GST Collections in Jammu and Kashmir has shown unprecedented growth during the...