Income Tax Bill 2025 for stakeholder consultation
The Central Board of Direct Taxes (CBDT) has launched a new utility on the e-filing portal, inviting inputs and suggestions from taxpayers and other stakeholders on the provisions of the Bill.
Himachal Pradesh Enacts VAT Amendment Act for Tax Reforms
The Himachal Pradesh VAT Amendment Act, 2024 updates payment, appeal, and enforcement processes to improve VAT administration and enhance compliance
Income-tax Bill, 2025: implementing new Budget
The Income-tax Bill, 2025 was tabled in Parliament, marking a significant step toward simplifying the language and structure of the Income-tax Act, 1961.
Tamil Nadu Revises The Profession Tax Slab Rates for Chennai
Greater Chennai Corporation updates Profession Tax slabs for 2025 . Employers must deduct and remit PT by March 31, 2025, with revised rates based on income.
New Tax Incentives for IFSC Entities: Key Updates
MoF , through the CBDT issued the Income Tax (Second Amendment) Rules, 2025, aiming to introduce new tax incentives for entities operating within IFSC’s
Simplifying Tax for Cruise Ship Operators: Amendment Rules
Central Board of Direct Taxes notified the Income Tax (First Amendment) Rules 2025. Simplifying Tax for Cruise Ship Operators operating in Indian waters.
Dry Days Announced for Delhi Ahead of General Elections
The dry days will be enforced for a period of 48 hours, from 6:00 PM on February 3, 2025, to 6:00 PM on February 5, 2025, coinciding with the polling dates.
Karnataka Government Extends Deadline for Filing FORM GSTR-8 for December 2024
Karnataka Government Extends Deadline for Filing FORM GSTR-8 for December 2024 to January 12, 2025
West Bengal’s New Guidelines for ITC Reversal by E-Commerce Operators
West Bengal clarifies no ITC reversal for e-commerce operators under Section 9(5) of WBGST Act
Government of West Bengal Clarifies GST Treatment on Vouchers
Government of West Bengal Clarifies GST Treatment on Vouchers addressing various concerns raised by the trade and industry, and field formations.