CAclubindia News
Budget 2025 Preview: FM Sitharaman's Strategies to Address Inflation and Growth
11 December 2024 at 09:05In the July 2024 Budget, Finance Minister Nirmala Sitharaman aimed to provide relief to India's middle and lower-income households by widening the income tax slab for zero tax and increasing the standard deduction for salaried individuals.
Pre-Budget 2025: MSME Stakeholders Demand GST Cuts, Tech Upgrades and PLI Expansion
10 December 2024 at 09:12Micro, Small, and Medium Enterprise (MSME) stakeholders urged the government to implement GST reductions, technology upgrades, and extend Production-Linked Incentive (PLI) benefits to various sectors during a pre-Budget meeting with Finance Minister
Petroleum Sector's Tax Contribution to Witness Sharp Decline in FY 2024-25
10 December 2024 at 09:08The sluggish excise duty collections from petroleum and natural gas, combined with the discontinuation of the windfall tax regime in December, indicate a significant drop in the sector's overall tax contribution to the public exchequer for FY25
Revenue Secretary Sanjay Malhotra Appointed as New RBI Governor
10 December 2024 at 09:04In a major announcement, Revenue Secretary Sanjay Malhotra has been appointed as the 26th Governor of the Reserve Bank of India (RBI), according to an official notification issued by the Centre's Cabinet Committee on Monday.
GSTN Issues Advisory on Difference in Value of Table 8A and 8C of Annual Returns FY 23-24
10 December 2024 at 09:04As per Notification No 12/2024 Central Tax dated 10th July 2024 read with Notification No.20/2024-Central Tax Dated 8th October 2024, for FY 2023-24 onwards, the total credit available for inwards supplies shall be auto-populated
Income Tax Department Conducts Massive Raids in Andaman and Nicobar Islands Over Tax Irregularities
09 December 2024 at 09:12In a large-scale operation, over 120 officials from the Income Tax (IT) Department are conducting searches at multiple locations across the Andaman and Nicobar Islands.
Ajit Pawar and Family Cleared of Benami Property Allegations: Rs 1000 Crore Worth of Assets Released
09 December 2024 at 09:10In a significant turn of events, Maharashtra Deputy Chief Minister Ajit Pawar and his family have been exonerated of allegations of owning benami properties.
Farmer Union Demands GST Exemption and Doubling of PM-Kisan Benefits Ahead of Budget 2025-26
09 December 2024 at 09:06In a pre-budget consultation meeting with Finance Minister Nirmala Sitharaman on Saturday, the Bharatiya Kisan Union (BKU) (Apolitical) presented a series of demands aimed at alleviating the challenges faced by farmers.
Biometric Aadhaar Authentication Now Mandatory for GST Registration in Haryana, Manipur, Meghalaya & Tripura
09 December 2024 at 09:01Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Haryana, Manipur, Meghalaya and Tripura
Aerated Beverage Industry Opposes GST Hike, Cites Growth Challenges
07 December 2024 at 09:06The Indian Beverage Association (IBA) has raised concerns over the current 40% GST levied on aerated beverages, calling it a significant bottleneck for the industry's growth.
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