In a significant update ahead of the Budget 2025-26, Finance Secretary Tuhin Kanta Pandey confirmed that the upcoming New Direct Tax Code Bill will not introduce any new taxes.
MCA21 records 80.26 lakh form filings between April 2024 to January 2025 driving Ease of Doing Business with enhanced digital solutions
CBDT has issued a new directive for the sharing of taxpayer information with the Department of Food and Public Distribution (DFPD) for identifying eligible beneficiaries under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY)
Amid growing concerns from southern states over the perceived unfair distribution of tax revenues, FM Nirmala Sitharaman has emphasized that it is the Finance Commission, not the central government, that determines the devolution of taxes.
In a significant move reflecting the evolving landscape of India's tax administration, CBDT Chairman Ravi Agrawal announced a shift towards a more participative and non-adversarial approach.
Rationalisation of persons specified under sub-section (3) of section 13 for trusts or institutions
Period of registration of smaller trusts or institutionsSection 12AB provides registration of trust or institution for a period of 5 years or provisional registration (where activities have not commenced at the time of filing application for registra
Rationalisation of 'specified violation' for cancellation of registration of trusts or institutions
In a landmark move aimed at bolstering the operational efficiency and global competitiveness of CA firms in India, the Institute of Chartered Accountants of India (ICAI) has officially announced the ICAI (Aggregation of LLPs) Guidelines, 2024.
Extension of exemption to Specified Undertaking of Unit Trust of India (SUUTI)
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