GST Council’s Two-Day Marathon Meet: Key Expectations
The Finance Minister, Finance Secretary, CBIC Chairman, and other Council members will gather again for a two-day GST Council meeting on September...
Budget 2025: FM Nirmala Sitharaman proposes Retrospective Service Tax Exemption for Reinsurance Services by Insurance Cos
The Union Finance Minister Nirmala Sitharama presented her record eighth Union Budget 2025-26 in Parliament today ,February 1. Delivering the first full budget of Third Narendra...
![[BREAKING] Union Budget 2025: FM proposes Extended Updated Income Tax Return ITR-U Time Limits](https://www.taxscan.in/wp-content/uploads/2025/02/FM-Income-Tax-Return-ITR-U-Nirmala-Sitharaman-Budget-2025-India-Income-tax-changes-2025-Impact-of-Budget-2025-Budget-2025-Highlights-Budget-2025-Updates-Finance-Minister-Budget-speech-2025-Taxscan.jpg "[BREAKING] Union Budget 2025: FM proposes Extended Updated Income Tax Return ITR-U Time Limits")
Budget 2025: FM Nirmala Sitharaman proposes Makhana Board for Bihar to Improve Production and Marketing
Finance Minister Nirmala Sitharaman presented the Union Budget 2025 on February 1st, 2025, at 11:00 AM before the Parliament. The Union Budget 2025 has significantly emphasized regional development,...
Some Vouchers are Actionable Claims, No GST Applicable on All Vouchers per se: FM after GST Council Meet
The Finance Minister, while addressing the nation through the press conference, made it clear that some vouchers are actionable claims and no GST is applicable to all vouchers per se. The Finance...
Finance Ministry Announces No Deduction of Income Tax on Payments Received by Credit Guarantee Fund Trust for MSMEs [Read Notification]
The Ministry of Finance issued Notification No. 5476(E) dated December 18, 2024, announcing that no income tax will be deducted at source (TDS) on payments made to the Credit Guarantee Fund Trust for...
![Finance Ministry Announces No Deduction of Income Tax on Payments Received by Credit Guarantee Fund Trust for MSMEs [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/12/Finance-Minister-Deduction-of-Income-Tax-Credit-Guarantee-Fund-Trust-Taxscan.jpg "Finance Ministry Announces No Deduction of Income Tax on Payments Received by Credit Guarantee Fund Trust for MSMEs [Read Notification]")