CAclubindia News

Budget 2024 Proposes TDS Rate Reductions to Simplify Compliance for Taxpayers

23 July 2024 at 13:47

There are various provisions of TDS with different thresholds and multiple rates between 0.1%, 1%, 2%, 5%, 10%, 20%, 30% and above. To improve ease of doing business and better compliance by taxpayers, the TDS rates are proposed to be reduced.

Posted in Union Budget | 1701 Views

Budget 2024-25: Capital Gains Taxation Simplified & Rationalised

23 July 2024 at 13:46

Simplification and Rationalization of the Capital Gains Tax was one of the key focus areas of the Union Budget 2024-25, presented by the Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman in the Parliament today.

Posted in Union Budget | 2370 Views

Budget 2024-25: Indirect Tax Highlights

23 July 2024 at 13:25

Budget 2024 proposes comprehensive rationalization of GST tax structure along with review of the Custom Duty rate structure to improve the tax base and support domestic manufacturing.

Posted in Union Budget | 8013 Views

Budget 2024-25: Direct Tax Highlights

23 July 2024 at 13:11

The provisions of Finance (No. 2) Bill, 2024 (hereafter referred to as "the Bill"), relating to direct taxes seek to amend the Income-tax Act, 1961 (hereafter referred to as 'the Act'),

Posted in Union Budget | 11385 Views

Budget 2024-25: The Finance (No. 2) Bill 2024

23 July 2024 at 12:57

THE FINANCE (NO. 2) BILL, 2024 to give effect to the financial proposals of the Central Government for the financial year 2024-2025.

Posted in Union Budget | 5946 Views

Budget 2024-25: Speech of FM Nirmala Sitharaman

23 July 2024 at 12:50

Explore the highlights of FM Nirmala Sitharaman's speech on Budget 2024-25, detailing key financial policies, tax reforms and strategic initiatives aimed at driving economic growth and development.

Posted in Union Budget | 984 Views

CBIC Issues Advisory on System Updates Following Budget 2024-25 Changes

23 July 2024 at 08:35

The Directorate General of Systems and Data Management under CBIC has released Advisory No. 12/2024 on July 22, 2024, detailing crucial updates to the system in line with the Budget 2024-25 announcements.

Posted in Union Budget | 3141 Views

GSTN Introduces Form GST RFD 10A for Tax Refunds on Inward Supplies to Canteen Store Departments

23 July 2024 at 08:34

GSTN has developed an online functionality to enable CSDs to file an application for refund in FORM GST RFD-10A in GST common portal.

Posted in GST | 561 Views

Economic Survey 2023-24: Key Highlights

22 July 2024 at 16:46

Get a comprehensive overview of the Economic Survey 2023-24, including the most important highlights and trends shaping the economy.

Posted in Union Budget | 3900 Views

Amita Prajapati's Remarkable Journey: Tea Seller's Daughter Becomes CA After 10 Years

22 July 2024 at 10:58

In a heartwarming and inspiring story that's taking social media by storm, Amita Prajapati, a newly minted Chartered Accountant from Delhi, has shared her decade-long journey towards achieving her dreams.

Posted in Students | 2 comments | 5211 Views