05 Jun IATA opposes GST levy on foreign airlines in India
Discover the latest as IATA stands up against GST on services provided by foreign airlines' headquarters to local offices in India. Get insights now! ...
Tax Exemption Tag
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....
06 Mar Extension of Deadline for Trusts/Institutions to Rectify Audit Report Submissions for Tax Exemption
Circular No. 02/2024, issued by the CBDT on March 05, 2024, grants an extension to trusts and institutions that submitted incorrect audit report forms for the assessment year (A.Y.) 2023-24. They are allowed to rectify their submissions by March 31, 2024, especially those needing to...