Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2024

By Annu Priya April 16, 2024Finance, NewsNo Comments

Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2024 : By virtue of sections 46(2)(aa) and (ab) of the Foreign Exchange Management Act, 1999, the Central Government amends the Foreign…

Auction for Sale (Issue/re-issue) of Government Security

By Annu Priya April 9, 2024Finance, Business, stocksNo Comments

Auction for Sale (Issue/re-issue) of Government Security The Government of India (GoI) has announced the sale (issue/ re-issue) of (i) “7.32% Government Security 2030” for a notified amount of ₹11,000…

CBDT clarifies on media reports claiming special drive to reopen cases with reference to HRA claims

By Annu Priya April 8, 2024Finance, Incom TaxNo Comments

CBDT clarifies no special drive to reopen cases due to HRA claims mismatch. Reports on large-scale reopening are baseless. CBDT's exercise aims to verify data and correct mismatches, not retrospective…

Scheme for Non-competitive Bidding Facility in the Auction of Government of India Dated Securities and Treasury Bills

By Annu Priya April 2, 2024Finance, Scheme, stocksNo Comments

Scheme for Non-competitive Bidding Facility in the Auction of Government of India Dated Securities and Treasury Bills MINISTRY OF FINANCE (Department of Economic Affairs) (BUDGET DIVISION) NOTIFICATION New Delhi, the…

Clarification applicability of new tax regime and old tax regime नई कर व्यवस्था और पुरानी कर व्यवस्था लागू होने के संबंध में स्पष्टीकरण

By Annu Priya April 1, 2024Finance, Incom TaxNo Comments

Clarification applicability of new tax regime and old tax regime नई कर व्यवस्था और पुरानी कर व्यवस्था लागू होने के संबंध में स्पष्टीकरण Ministry of Finance वित्‍त मंत्रालय Clarification regarding…

Income Tax Rules, 2024, replaces Form ITR-V in Appendix-II of the Income-tax Rules, 1962

By Annu Priya March 28, 2024Finance, Incom Tax

Income Tax (Fifth Amendment) Rules, 2024, replaces Form ITR-V in Appendix-II of the Income-tax Rules, 1962. This amendment, authorized by G.S.R. 233(E), becomes effective from April 1, 2024, in accordance…

Delegation of Financial Powers Rules, 2024 effective from April 1, 2024 issued by Ministry of Finance

By Annu Priya March 27, 2024Finance, Government, Railway

Ministry of Finance, New Delhi, issues Delegation of Financial Powers Rules, 2024 effective from April 1, 2024. These rules empower the President to relax, delegate, impose conditions, or withdraw financial…

Directorate of Income Tax (Investigation), Delhi चुनाव में काले धन की भूमिका को रोकने के लिए टोल-फ्री मोबाइल नंबर 9868168682 जारी

By Annu Priya March 20, 2024Finance, Election, Incom Tax

Directorate of Income Tax (Investigation), Delhi चुनाव में काले धन की भूमिका को रोकने के लिए टोल-फ्री मोबाइल नंबर 9868168682 जारी Ministry of Finance Directorate of Income Tax (Investigation), Delhi,…

Gross Direct Tax collections for Financial Year (FY) 2023-24 register a growth of 18.74%

By Annu Priya March 19, 2024Finance, TAX

Gross Direct Tax collections for Financial Year (FY) 2023-24 register a growth of 18.74% : FY 2023-24 sees a robust 18.74% rise in Gross Direct Tax collections, indicating a strong…

Tax-Saving Investments: Full list of tax-saving schemes as current financial year set to end

By Annu Priya March 18, 2024Finance, Incom Tax, Sukanya Samriddhi Yojana

Tax-Saving Investments: Full list of tax-saving schemes as current financial year set to end Effective tax planning minimizes tax liabilities, enhancing savings. With FY23–24 ending soon, consider tax-saving investments. Home loans…