The Institute of Chartered Accountants of India (ICAI) has rooted for a special and concessional tax regime for partnership firms, as part of its suggestions for the comprehensive review of the Income-tax Act, 1961, announced in the July 2024 Budget.
CBIC issued Circular no. 25/2024-Customs dated 21.11.2024 on Implementation of automation in the Customs Import of Goods at Concessional Rate of Duty or for Specified End Use Rules, 2022
CBIC issued Circular no. 13/2024 – dated 04.09.2024 on the Implementation of automation in the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 in respect of EOUs.
United Breweries Ltd (UBL) announced on Friday, April 5, that it had received a tax demand of over Rs.263.70 crore, including interest and penalty from the Maharashtra State Goods & Service Tax (GST) Department.
The government may take a “fresh call” on extending the sunset date for the concessional 15% corporate tax for new…
