10 Apr Approval of outstanding refunds must be completed by April 30, Income Tax Department.
The Income Tax Department has announced a positive development for individuals awaiting their income tax refunds....
Financial news Tag
09 Apr Recovery of Fraudulent GST Input Credit Surges to 12% in FY24
The recovery rate in Goods and Services Tax (GST) cases concerning input tax credit (ITC) fraud has significantly increased in FY24....
06 Apr Income Tax Returns Now Invalid if Not Verified Within 30 Days or by Due Date, Whichever Is Later
The CBDT issued Corrigendum dated April 04, 2024 to Notification No. 02 of 2024 dated March 31, 2024 regarding the Time limit for verification of return of income after uploading....
06 Apr Income Tax Department enabled the Form 10IE for AY 2024-25 for filing on the income tax e-filing portal
The Income Tax Department has enabled Form 10IE for AY 2024-25 for filing on the income tax e-filing portal....
06 Apr Delhi GST Department: Biweekly Registration Slots & Clarifications for CAs/Advocates
The Delhi GST Department recently issued Public Notice No. F. Circular/CRC/DT&T/2024/249-255 on April 04, 2024, addressing the process of GST new registrations....
28 Mar CBDT notifies changes in ITR Form V and Acknowledgement for AY 2024-25
The CBDT, through Notification No. 37/2024 dated March 27, 2024...
22 Mar SEBI Amends Disclosure Requirements for FPIs with Majority Indian Equity AUM in Corporate Groups
SEBI previously issued a circular on August 24, 2023, mandating extra disclosures for FPIs meeting specific criteria. However, FPIs meeting these criteria were exempted from additional disclosure requirements, provided they met certain conditions....
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....
12 Mar Income Tax Exemption Announced for Specific Trusts and Institutions Under Conditions
The Income Tax Department recently released guidelines on March 8, 2024, specifying conditions under which certain trusts, institutions, universities, educational entities, hospitals, or medical institutions can be exempted from income tax....
12 Mar CBDT Releases Guidelines for Expedited Appeal Disposal
The Central Board of Direct Taxes (CBDT) has issued guidelines, dated March 07, 2024, under F.No.279/Misc/M-102/2021-ITJ, aimed at expediting the handling of appeals by Commissioners of Income Tax (Appeals/Assessment Unit) or Additional/Joint CIT(A)....
- 1
- 2