13 Apr Maharashtra: The Leading State in GST Contribution at 19.6% and Per Capita Consumption Spending
In the realm of GST collection, Maharashtra emerges as the primary player, contributing 19.6% to the national pool in the fiscal year 2024...
Economic news Tag
10 Apr GSTN Issues Advisory on Automatic HSN-wise Summary Population in GSTR-1 Table 12 from e-Invoices
The GSTN has released an important Advisory No. 630 dated April 09, 2024, regarding the automatic population of HSN-wise summaries from e-Invoices into Table 12 of GSTR-1....
29 Mar CBIC Declares March 29-31, 2024 as Working Days for All Customs Field Formations
The Central Board of Indirect Taxes and Customs (CBIC) has announced that March 29th, 30th, and 31st, 2024 will be considered as working days for all Customs field formations....
20 Mar Gross Direct Tax Revenues for FY24 Experience Notable Growth of 18.74%, net direct tax at 19.88%
During the recent Budget speech, Finance Minister Nirmala Sitharaman revised the projection for direct tax collections in FY24 to Rs 19.45 lakh crore, reflecting an increase from the initial estimate of Rs 18.20 lakh crore....
18 Mar SEBI New Rule: Big Relief for foreign investors! SEBI approved the new rule, know what changes happened
SEBI, the regulatory body for the stock market, recently announced significant changes aimed at facilitating foreign investors (FPIs). One of the key developments is the introduction of the Same Day Settlement System, a pilot project known as T+0....
07 Mar Timely Payment Rule for MSMEs to Begin from April 1: Finance Ministry Officials
Starting from the fiscal year 2025, the government will introduce a regulation mandating that payments to micro, small, and medium enterprises (MSMEs) must be settled within a 45-day period. Failure to comply will result in companies facing taxation on the outstanding amount, as revealed by...