Latest update 23.06.2024

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A. Budget 2024

Union Finance Minister Smt. Nirmala Sitharaman chairs Pre-Budget consultation with Finance Ministers of States/ Union Territories (with Legislature) for taking suggestions for Union Budget 2024-25. Read more

B. GST Council Meeting

Recommendations of 53rd GST Council Meeting :

53rd GST Council meeting Recommendations relating to changes in GST tax rates, streamlining compliances in GST etc. Read more

Expert Analysis on 53rd GST Council Meet Recommendations – Goodest of Good News Everywhere

Author D. Shiva Roopa Ganesh has presented his analysis on the 53rd GST Council meeting held today i.e. 22.06.2024 in the PPT attached. Read more

C. Tax in Media

Budget 2024: Nirmala Sitharaman could give you more cash in hand next month

The ministry is considering a significant move: lowering income tax rates for individuals earning between Rs.15 lakh and Rs.17 lakh per year. This potential change aims to lighten the financial burden on middle-income earners, leaving them with more cash in hand. Read more

GST Council Meeting: Railway Platform tickets exempted from GST, biometric authentication push & other key decisions

GST Council at its 53rd meeting in New Delhi on Saturday proposed recommendations related to tax exemption on services provided by the Indian Railways to the common man and biometric-based Aadhaar authentication to check fake invoicing. Read more

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