PART-A Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman tabled the Union Budget 2026-27 in the parliament today. The highlights of the budget…
Continue Reading....Category: Income Tax
UNIOUN BUDGET 2026-27: THE INCOME TAX ACT,2025 TO COME INTO EFFECT FROM 1ST APRIL, 2026
TCS RATE FOR SCRAP AND MINERALS RATIONALIZED TO 2% TCS FOR REMITTANCE UNDER LIBERALISED REMITTANCE SCHEME REDUCED FROM 5% TO 2% FOR EDUCATION AND MEDICAL…
Continue Reading....Why payments to supplier need to be done within 180 days! GST BIG BITE.
Section 16(2) and rule 37 of GST payment should be made within 180 days to the supplier to avoid reversal of ITC and interest on…
Continue Reading....CG liberalised the import policy of Low Ash Metallurgical Coke
The Central Government has liberalised the import policy of Low Ash Metallurgical Coke by removing the existing restriction under Chapter 27 of ITC (HS), 2022. In exercise…
Continue Reading....Opportunity of PH is must even if taxpayers has not filed reply of SCN
The Hon’ble Allahabad High Court in the case of A To Z Car Solutions v. State of U.P. & Ors. [Writ Tax No. – 3851…
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