Search Results for: Indirect Taxes

Rajasthan gets new industrial park in Union Budget 2024

Rajasthan gets mention in Budget with promise of new industrial park

Rajasthan has received a major industrial park in the first Budget of the BJP-led government at the Centre, with the state receiving Rs 7,000 crore more as a share of Central taxes this time.

Jul 24, 2024

Millennials driving the real estate growth story in India.

After Indexation Removal, New Capital Gains Tax Regime Shakes Up Realty Sector

The new tax regime aims to simplify computation for taxpayers and tax administration. The changes are part of the government's broader efforts to simplify the approach to taxation and encourage investment in the market.

Jul 24, 2024

Comprehensive review of Income Tax Act announced in Union Budget

Finance Minister Nirmala Sitharaman announced a comprehensive review of the Income Tax Act, 1961 to simplify the tax regime. The tax regime for charities, TDS rate structure, and capital gains taxation are also being simplified. The government's efforts to simplify taxes are part of a broader effort to improve taxpayer services and reduce litigation. The government also announced measures to make life and health insurance plans more affordable.

Jul 23, 2024

Assessments to be reopened beyond 3 years only if escaped income is more than Rs 50 lakh

An assessment can be reopened now only when it's beyond three years from the end of the assessment year and if the escaped income is Rs 50 lakh or more.

Jul 23, 2024

'Can't support someone who hates immigrants': Vinod Khosla counters Elon Musk on Trump

Khosla, an Indian-American investor, came out against Trump, saying it is hard for him to support someone with "no values, lies, cheats, rapes, demeans women, hates immigrants like me".

Jul 22, 2024

Vizhinjam Port to help put India on top of global maritime map: Sarbananda Sonowal

The development of Vizhinjam Port in Kerala marks a significant transformation in India's maritime sector. The port's strategic location and deep draught facility position it as a preferred destination for shipping lines and EXIM traders.

Jul 13, 2024

India's Union Budget 2024-25: Expectations Run High as Modi Government Prepares to Present its Vision

The Union Budget 2024-25, set to be presented on July 23, aims to outline India's economic roadmap towards becoming a developed nation by 2047. The budget is expected to ensure high economic growth, job creation, and measures to manage inflation.

Jul 12, 2024

Telecom PLI scheme: Equipment manufacturing surges, sales cross Rs 50K crore

The telecom equipment manufacturing sales have crossed Rs 50,000 crore under the production-linked incentive (PLI) scheme, creating more than 17,800 direct jobs and many more indirect jobs

Jul 10, 2024

Elon Musk halts investment plans in India: Bloomberg report

It has been previously reported that Elon Musk had planned to visit Indian prime minister Narendra Modi in April

Jul 4, 2024

CBDT meets officials to dispel doubts on faceless tax assessment.

GST collection jumps 7.7 pc in June to Rs 1.74 lakh crore

India's gross GST collection rose to Rs 1.74 lakh crore in June this year which represents a 7.7 per cent increase over the same month last year, according to sources.

Jul 2, 2024

ERAM: Revolutionizing Exchange Rates for Importers, Exporters

The Central Board of Indirect Taxes and Customs (CBIC) has launched the Exchange Rate Automation Module (ERAM) to enhance trade facilitation. The ERAM will publish exchange rates of 22 currencies online in advance, replacing the existing manual process.

Jun 28, 2024

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Search Results for: Indirect Taxes

Rajasthan gets mention in Budget with promise of new industrial park

After Indexation Removal, New Capital Gains Tax Regime Shakes Up Realty Sector

Comprehensive review of Income Tax Act announced in Union Budget

Assessments to be reopened beyond 3 years only if escaped income is more than Rs 50 lakh

'Can't support someone who hates immigrants': Vinod Khosla counters Elon Musk on Trump

Vizhinjam Port to help put India on top of global maritime map: Sarbananda Sonowal

India's Union Budget 2024-25: Expectations Run High as Modi Government Prepares to Present its Vision

Telecom PLI scheme: Equipment manufacturing surges, sales cross Rs 50K crore

Elon Musk halts investment plans in India: Bloomberg report

GST collection jumps 7.7 pc in June to Rs 1.74 lakh crore

ERAM: Revolutionizing Exchange Rates for Importers, Exporters

Cardiovascular health risk may pose greater threat to future dementia cases: Study

RBI Governor confident of India's progress, says on path to steady 8% GDP growth

Kerala leader calls for 'separate Malabar state' amid higher secondary classes seat row

Pre-Budget Discussion: Nirmala Sitharaman holds meeting with state finance minister

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]