TaxIndiaUpdates In

Union Budget 2024

July 23, 2024July 28, 2024 TaxIndiaUpdates In0 comments2362 views

Union Budget 2024: The Finance Bill, 2024 Union Budget Speech Memorandum Explaining the Provisions in the Finance Bill, 2024 Key Features of Budget 2024 Key to the Budget Documents 2024 Major Changes in Direct Taxes Simplification for Charities and of TDS The two … Continue Reading →

Income Tax

Cost Inflation Index for Financial Year 2024-25 (AY 2025-26) is 363

May 24, 2024May 26, 2024 TaxIndiaUpdates In16 comments105403 views

CBDT Notified Cost Inflation Index for Financial Year 2024-25 (AY 2025-26) is 363 The Government of India, Ministry of Finance (Department of Revenue), Central Board of Direct Taxes published in the Gazette of India, Extraordinary Notification No. 44/2024/F.No.370142/10/2024-TPL dated 24-05-2024 the Cost Inflation Index for … Continue Reading →

Personal Finance

Best Mutual Funds in India for Long Term Planning

August 31, 2023September 1, 2023 TaxIndiaUpdates In0 comments1952 views

A mutual fund is a collective investment vehicle that collects & pools money from a number of investors and invests the same in equities, bonds, government securities, money market instruments. The money collected in mutual fund scheme is invested by professional fund managers in stocks … Continue Reading →

Goods and Service Tax

Weekly Newsletter GST Law and Other indirect Taxes [June, 2023]

June 29, 2023 TaxIndiaUpdates In2 comments3585 views

GST Fraud: DGGI Gurugram officials bust racket involving 539 fake entities and fraudulently claiming ITC of Rs. 1,124.66 crore, one held In another operation, GST evasion of Rs. 97.44 crore through a network of 19 fake entities busted In an intelligence-based operation, the Directorate General … Continue Reading →

Goods and Service Tax

Weekly Newsletter Income Tax and Other Law [May, 2023]

May 28, 2023 TaxIndiaUpdates In0 comments2273 views

Increased limit for tax exemption on leave encashment for non-government salaried employees notified In pursuance to the proposal in the Budget Speech, 2023, by the hon’ble FM, the Central Government has notified the increased limit for tax exemption on leave encashment on retirement or … Continue Reading →

Goods and Service Tax

Weekly Newsletter GST Law and Other indirect Taxes [May, 2023]

May 11, 2023May 12, 2023 TaxIndiaUpdates In0 comments1902 views

CBIC rolls out Automated Return Scrutiny Module for GST returns in ACES-GST backend application for Central Tax Officers In order to implement this non-intrusive means of compliance verification, CBIC has rolled out the Automated Return Scrutiny Module for GST returns in the ACES-GST backend … Continue Reading →