Income tax | Finance ministry releases guideline for out-of-turn hearing of tax cases on PMO reference
Tax experts fear such a reference by the PMO or VIP, which has not been defined, may influence the appellate body
Source: telegraphindia.com
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Central Board of Direct Taxes (CBDT) | Limit of Rs 1 lakh per assessee till Assessment Year 2015-16 set for tax write-off
The CBDT order lays down the details of the scheme announced in the last budget — which said tax demands for AY 2010-11 of up to Rs 25,000 and for AY 2011-12 to 2015-16 of up to Rs 10,000 will be withdrawn
Source: telegraphindia.com
Income Tax Act | TCS raises rates on overseas tour packages from 5 per cent to 20 per cent
The higher TCS rate will inflate the cost of the package with the seller collecting the tax from the buyer
Source: telegraphindia.com
Budget 2024: Taxpayers, industrialists await Nirmala Sitharaman's roadmap | Latest News India
Interim Union Budget 2024: Nirmala Sitharaman will present the final Budget in the second term of the Narendra Modi government at 11am on Thursday, February 1. | Latest News India
Source: hindustantimes.com
Budget 2024 Highlights: Have macroeconomic stability, investments robust, says FM Sitharaman
During her Budget speech, FM Sitharaman says, 'In 2014, the country was facing enormous challenges. With Sabka Saath, Sabka Vikaas, the Narendra Modi-led government overcame those challenges'
Source: moneycontrol.com