Highlights on Major Changes in GST Proposed in Finance Bill 2024
Author has presented the analysis on section 16, 39, 70, 73, 74, 74A, 107, 112 128A which is amended in the Budget 2024.
Stay updated
Author has presented the analysis on section 16, 39, 70, 73, 74, 74A, 107, 112 128A which is amended in the Budget 2024.
This is one budget proposal that may disappoint taxpayers. Not only has the period of withholding of tax refund been extended, but you may also lose out on interest paid for a delayed refund.
Highlights of the changes under GST Law.
Global pharmaceutical giant AstraZeneca is expected to benefit following Finance Minister Nirmala Sitharaman’s announcement of the exemption of customs duties on three key cancer drugs in the Union Budget 2024-25 on Tuesday.
Finance Minister Nirmala Sitharaman on Tuesday assured further simplification and rationalisation of Goods and Services Tax (GST) regime. She also introduced nine changes in GST law through the Finance Bill to implement recommendations given by the GST Council.
India is growing at an accelerated pace and people are undertaking multiple financial transactions. The Income Tax Department has established a robust framework of reporting of taxpayers’ transactions.
Changes in Customs, Central Excise and rates have been proposed through the Finance (No.2) Bill, 2024.
The Finance (No.2) Bill, 2024 has proposed changes in the CGST Act, IGST Act, UTGST Act and GST (Compensation to States) Act, 2017
onlinetaxupdate is conducting a webinar on Topic: “Finance Budget – Decoding GST Amendment” by Faculty Mr. CA Swapnil Jain, on 27th July, 2024 at time: 2:30 PM to 3:30 PM.
The announcement in the Budget to cut import duty on gold will help boost domestic manufacturing and promote jewellery exports, Commerce and Industry Minister Piyush Goyal said on Tuesday.