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Tag: DPIIT

Budget-II 2024-25

DPIIT Seeks Angel Tax Removal for Startups, Awaits Nod

byAdmin07/07/202407/07/2024

Ahead of the Union Budget, the department for promotion of industry and internal trade or DPIIT has mooted the removal of angel tax on startups, but the final view in this matter will be taken by the finance ministry, a source privy to development said on Friday.

Income Tax in Media

Income Tax benefits granted to 2,975 DPIIT recognised startups

byAdmin18/01/202418/01/2024

As many as 2,975 government-recognised startups have been granted income tax exemptions so far, a senior official said on Monday.…

Income Tax in Media

Income tax benefits granted to 2,975 recognised startups: DPIIT

byAdmin17/01/202417/01/2024

The Department for Promotion of Industry and Internal Trade (DPIIT) had recognised 1,17,254 startups under Startup India till December 31…

GST in Media

GST revenue up due to economic activity, not notices: CBIC Chairman

byAdmin12/11/202312/11/2023

The rise in Goods and Services Tax (GST) collections in October has been on account of economic activity and not…

Income Tax in Media

No angel tax scrutiny for DPIIT-recognised start-ups: CBDT tells officers

byAdmin18/10/202318/10/2023

In a directive issued to its field officials, the Central Board of Direct Taxes (CBDT) has instructed them not to…

GST in Media

GST Council to clarify on TCS liability of e-commerce suppliers on ONDC

byAdmin10/07/202310/07/2023

The GST Council on July 11 is expected to clarify on the TCS liability of suppliers engaged in e-commerce trading…

GST in Media

DPIIT seeks GST rate reduction for certain segments of leather sector

byAdmin18/05/202318/05/2023

The Department for Promotion of Industry and Internal Trade (DPIIT) has sent proposals for reducing goods and services tax (GST)…

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