Govt lowers Windfall Tax on Petroleum Crude to Rs. 8400 w.e.f. 1st May 2024 [Read Notification]
The Central Government has lowered the windfall tax on petroleum crude, from Rs. 9,600 to Rs. 8400 per tonne, effective from May 1st, 2024. The tax...
![CBDT exempts Kerala Autorickshaw Workers Welfare Fund Scheme, Kollam from Income Tax u/s 10(46) [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/04/CBDT-Kerala-Autorickshaw-Workers-Welfare-Fund-Scheme-Kollam-Income-Tax-us-1046-TAXSCAN.jpg "CBDT exempts Kerala Autorickshaw Workers Welfare Fund Scheme, Kollam from Income Tax u/s 10(46) [Read Notification]")
![AIIMS can not claim GST Exemption on pure services received from Vendors: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/AIIMS-claim-GST-Exemption-pure-services-Vendors-AAR-taxscan.jpg "AIIMS can not claim GST Exemption on pure services received from Vendors: AAR [Read Order]")
Central Govt Permits to Export 9 Essential Goods to Maldives in 2024-25 Amidst Diplomatic Tensions [Read Notification]
The Central Government has permitted export of 9 essential goods to Maldives in 2024-25 under the bilateral trade agreement between Government of India and Government of Maldives. The government has...
Govt hikes Windfall Tax on Petroleum Crude from Rs. 4,900 to Rs. 6,800 in One Go [Read Notification]
The Central Government has increased the windfall tax on petroleum crude from Rs. 4,900 to Rs. 6,800 per tonne in one swift move with effect from 4th April 2024. The duty has been raised by Rs. 1,900...
CBIC Grants Full Exemption from Export Duty on 'Kala Namak Rice' Up to 1000 MTs w.e.f. April 03, 2024 [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) has notified the full exemption of 'Kala Namak Rice' Up to 1000 MTs from export duty with effect from April 3rd 20224. However the exemption...
Central Govt permits export of Kala Namak Rice up to 1000 MT through Specified Customs Stations [Read Notification]
The Central Government has permitted export of Kala Namak Rice under HS Code 1006 30 90 up to 1000 MT through Specified Customs Stations. The Directorate General of Foreign Trade ( DGFT ) has...
![Central Govt permits export of Kala Namak Rice up to 1000 MT through Specified Customs Stations [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/04/Central-Govt-export-of-Kala-Namak-Rice-1000-MT-Specified-Customs-Stations-taxscan.jpeg "Central Govt permits export of Kala Namak Rice up to 1000 MT through Specified Customs Stations [Read Notification]")
Proceedings cannot Proceed before Person who was Adjudicating Authority by Virtue of Superseded Notification issued under FEMA: Madras HC [Read Order]
The Madras High Court ruled that the proceedings cannot proceed before person who was Adjudicating Authority by virtue of superseded notification issued under the Foreign Exchange Management Act,...
Govt notifies new Delegation of Financial Powers Rules, 2024 under Article 77 of Indian Constitution
The Central Government , vide notification no. S.O. 1543(E) dated 22nd March 2024 has notified the new rule named ‘Delegation of Financial Powers Rules, 2024’ under the Article 77 of the Constitution...
