CBIC notifies New Exchange Rate of Turkish Lira
The Central Board of Indirect Taxes and Customs (CBIC) notified the new exchange rate of Turkish Lira. The Turkish Lira (TRY) is the official...
![Finance Ministry Notifies Amended Customs Tariff Value of Certain Goods [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/06/Finance-Ministry-Notifies-Amended-Customs-Tariff-Value-of-Certain-Goods-Finance-Ministry-Customs-Tariff-Value-Customs-Taxscan.jpg "Finance Ministry Notifies Amended Customs Tariff Value of Certain Goods [Read Notification]")
![Finance Ministry Amends Exchange Rate of Turkish Lira w.e.f. 8th June 2023 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/06/Finance-Ministry-Turkish-Lira-Finance-Ministry-Amends-Exchange-Rate-of-Turkish-Lira-Exchange-Rate-taxscan.jpg "Finance Ministry Amends Exchange Rate of Turkish Lira w.e.f. 8th June 2023 [Read Notification]")
Finance Ministry notifies Foreign Currency Conversion Rates for Import and Export of Goods w.e.f. June 2nd, 2023 [Read Notification]
With effect from today (01-06-2023), the Central Board of Indirect Taxes and Customs (CBIC) has announced the revised rates of exchange for conversion of foreign currencies for import and export of...
![Finance Ministry notifies Foreign Currency Conversion Rates for Import and Export of Goods w.e.f. June 2nd, 2023 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/06/Finance-Ministry-notifies-Foreign-Currency-Conversion-Rates-for-Import-and-Export-of-Goods-TAXSCAN.jpg "Finance Ministry notifies Foreign Currency Conversion Rates for Import and Export of Goods w.e.f. June 2nd, 2023 [Read Notification]")
![Finance Ministry notifies amended Customs Tariff Value of Certain Goods [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/06/Finance-Ministry-notifies-amended-Customs-Tariff-Value-of-Certain-Goods-TAXSCAN.jpg "Finance Ministry notifies amended Customs Tariff Value of Certain Goods [Read Notification]")
Finance Ministry increases Tax Exemption Limit for Earned Leave Encashment u/s 10(10AA) of Income Tax Act [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the enhanced limit for earned leave encashment, to the extent exempted from income tax. This move is in line with the budget proposal for the...
![Finance Ministry increases Tax Exemption Limit for Earned Leave Encashment u/s 10(10AA) of Income Tax Act [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/05/Finance-Ministry-increases-Tax-Exemption-Limit-Earned-Leave-Encashment-us-1010AA-of-Income-Tax-Act-TAXSCAN.jpg "Finance Ministry increases Tax Exemption Limit for Earned Leave Encashment u/s 10(10AA) of Income Tax Act [Read Notification]")
Finance Ministry Clarifies TCS Collection to Small International Debit/Credit Card Transactions under LRS
Following the Frequently Asked Questions (FAQs), the ministry clarified the Tax Collection at Source (TCS) collection for modest foreign debit/credit transactions under the Liberalised Remittance...
Central Govt releases 14th Installment of Tax Devolution to States, Aims to accelerate Capital and Developmental Expenditure
The Central government released the 14th Tax devolution to the states. As per the reports 41% of the total tax collected by the centre in the fiscal year is distributed. The Union Government has...
