Certainly, the question arises: Does time truly hold significance in budget speeches? Opinions on this matter may vary; some argue in favour, while others may oppose the idea. From a general standpoint, there is an
Political Parties entitled to receive donations by cheque or digital mode from their donors; Have to file its Income-Tax Return within the prescribed time limit. The Union Minister for Finance and Corporate Affairs, Arun Jaitely
Introduction: The application of assets seized during the course of search and seizure action is governed by the provisions of Section 132B of the Income Tax Act’1961. Before digging deeper into the matter, let us
The union Cabinet today approved the regulatory authority for chartered accountants, the National Financial Regulatory Authority ( NFRA ). Finance Minister Arun Jaitely, while addressing the media today confirmed the same. The provision will initially
Smt. Nirmala Sitharaman assumed charge as the Union Minister of Finance & Corporate Affairs today is likely to present the budget for the year 2019-20 on July 5. She was greeted at the office in
The Central Board of Indirect Taxes and Customs (CBIC) have notified that no late fee would be payable on the following GST Returns. the registered persons whose return in FORM GSTR-3B of the Central Goods
The Central Government, today extended the due date of filing GST Returns, i.e, ITC-01 and ITC-04. In a notification issued today, the Government extended the time limit for making declaration GST ITC-01 to avail Input
Introduction:- The Hon’ble Union Finance Minister Nirmala Sitharaman has presented the Union Budget 2021 of India on the 1st of February, 2021. Budget 2021 is aimed at reviving an economy that plunged into deepest recorded
Finance Minister Nirmala Sitharaman is expected to present the interim Union Budget 2024 on February 1, given the imminent Lok Sabha elections. This interim budget will precede the complete FY25 Budget, which will be presented
The most debated, National Financial Reporting Authority ( NFRA ), a new regulator for the Chartered Accountants is not yet implemented. According to sources, the Government is not so keen to implement the authority in
Officer has in his possession books of accounts or other documents or evidence which reveals that the income chargeable to tax, represented in the form of asset Introduction:- The Hon’ble Union Finance Minister Nirmala Sitharaman
The Indian Government has made significant strides in the last 4 years in taking India to new heights in terms of the welfare of the citizenry, the overall structure& growth of the economy, and creating
Introduction:- Authority and power to conduct search and seizure operations is strident and caustic power authorized by law to be taken recourse to when the conditions mentioned under different clauses of Section 132 (1) of
Jammu & Kashmir is likely to be the first State to bring petrol, electricity, liquor and real estate under the Goods and Services Tax (GST) regime. The Government may make a formal decision in this