Latest update 24.03.2024

Transport Minister Gadkari proposes cutting GST on hybrid cars to 12%: Report

Minister of Road Transport and Highways has urged the finance minister to reduce GST on hybrid vehicles to 12 percent. Recently there have been reports that the government is considering a lower tax structure on hybrid vehicles – powered by a petrol engine and an electric motor. Read more

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New Income Tax Rules To Come Into Effect From April 1

April 1 marks the beginning of a new financial year and it is always significant from a personal finance point of view as most of the Budget proposals on income tax take into effect from this day. Read more

Exporters seek exemption from 45-day payment to MSMEs rule

Exporters across sectors have sought exemption from a new rule that requires them to pay any pending bills to micro and small units within 45 days. Read more

How to handle income tax notices like a pro in five steps

Five essential steps to help you handle income tax notices like a pro, ensuring you meet your tax obligations while minimising stress. Read more

Income Tax Department Imposes Rs. 103.63 Crore Fine On Tata Chemicals

Income Tax Department has imposed a penalty of Rs. 103.63 crore on Tata Chemicals for a violation related to disallowance of interest. Read more

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