ACC Limited faces ₹15.48 Crore tax demand from GST authorities
ACC Limited has received Orders from the Additional Commissioner, CGST & CX Commissionerate, Ranchi, Jharkhand, levying a tax demand of […]
GST Recent News
GST Recent News
Gujarat State GST department searches at 14 Copper firms; One arrested in Surat
Gujarat State GST Department’s Investigation Wing, based on information received and subsequent investigation, conducted a search operation on November 11,
Income Tax News, News
Major income tax reforms in pipeline, Budget 2025 to ease filing process: Sources
February 2025 is poised to usher in a new era of tax simplicity in India, as the upcoming Union Budget
News, NFRA
Apprehension of audit concentration is not justified: NFRA Chairperson
Concerns raised in some quarters that the revision of audit standards for group company audits will lead to a concentration
TAX News
Centre expects to exceed gross direct tax collection target for FY25
A head of the presentation of the FY26 Budget in February, government sources said they not only expect to meet
TAX News
Tax burden shifting to super-rich, but middle class barely growing
Income tax liability on individuals earning below Rs 20 lakh a year, categorised as middle class, has reduced in the
TAX News
State govt raising tax devolution issue again to create confusion, says FM Nirmala Sitharaman
Union finance minister (FM) Nirmala Sitharaman rebutted the Karnataka govt’s claims of step-motherly treatment in tax devolution, affirming that the
Income Tax News, News
More than 8 crore ITRs filed for FY 24, 74 pc in new tax regime
More than 8 crore income tax returns for assessment year 2024-25 have been filed this year, of which 74 per
Income Tax Case Update, Income tax case update
Bombay HC Quashes CCIT’s Order, Grants Relief To Grasim Industries On Tax Interest Waiver
The Bombay High Court on Tuesday quashed the order passed by the Chief Commissioner of Income Tax (Central) 1 [CCIT]
WTO News
WTO says trade restrictive measures by G20 economies increased during 2023-24
There has been an increase in the trade restrictive measures introduced by G20 member countries during mid-October 2023 to mid-October