Union Budget News

Budget 2024 Proposes Six-Year Limit on TDS/TCS Correction Statements

24 July 2024 at 10:06

Time limit to file correction statement in respect of TDS / TCS Statements

Posted in Union Budget | 3585 Views

Budget 2024-25: Exemption from TCS for Certain Entities Starting 1st October 2024

24 July 2024 at 10:05

Notification of certain persons or class of persons as exempt from TCS

Posted in Union Budget | 2520 Views

Budget 2024-25: Black Money Act Liabilities to be Settled Against Seized Assets from October 2024

24 July 2024 at 09:09

Adjusting liability under Black Money Act, 2015 against seized assets

Posted in Union Budget | 2091 Views

Section 80G Amendment: Tax Deduction for Donations to National Sports Development Fund w.e.f 1st April 2025

24 July 2024 at 09:08

The Government had set up the aforesaid fund by the name National Sports Development Fund w.e.f 12.11.1998.

Posted in Union Budget | 480 Views

Budget 2024-25: Enhanced Powers of Commissioner (Appeals) to Address Pendency from October 2024

24 July 2024 at 09:07

Considering the huge pendency of appeals and disputed tax demands at the Commissioner (Appeals) stage, it is proposed that the cases where assessment order was passed as best judgement case under section 144 of the Act, Commissioner (Appeals)

Posted in Union Budget | 270 Views

Budget 2024-25: Amendments in Sections 245Q and 245R related to Advance Rulings

24 July 2024 at 09:05

Amendments in Sections 245Q and 245R related to Advance Rulings

Posted in Union Budget | 366 Views

Budget 2024-25: FM proposes to discontinue quoting of Aadhaar enrolment ID in place of Aadhaar number

24 July 2024 at 09:04

Discover the latest proposal from the Budget 2024-25 as Finance Minister suggests discontinuing the use of Aadhaar enrolment ID in favor of the Aadhaar number. ..

Posted in Union Budget | 2181 Views

Budget 2024-25: Amendments to the Prohibition of Benami Property Transactions Act, 1988

24 July 2024 at 09:03

Amendments to the Prohibition of Benami Property Transactions Act, 1988

Posted in Union Budget | 642 Views

Union Budget 2024-25: Advancing Economic Growth through Infrastructure Initiatives

24 July 2024 at 09:02

This budget envisions sustained efforts across nine key priorities to generate ample opportunities for all, in pursuit of Viksit Bharat.

Posted in Union Budget | 315 Views

Budget 2024-25: FM Sitharaman Proposes Eight New Measures to Boost MSMEs

23 July 2024 at 16:23

"This budget provides special attention to MSMEs and manufacturing, particularly labour-intensive manufacturing," stated Union Minister for Finance and Corporate Affair Smt. Nirmala Sitharaman while presenting Union Budget 2024-25, in Parliament today.

Posted in Union Budget | 669 Views