CBDT Corner News

CBDT rolls out E-Dispute Resolution Scheme, 2022 to mitigate litigation, relief to taxpayers

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FTA issues corporate tax guidance to understand tax implications in UAE

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CBDT releases Central Action Plan for 2024-25 – 50 Key Takeaways

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Finance Act receives President’s assent on Aug. 16, notified in Official Gazette

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Copy of FINANCE (No. 2) BILL, 2024 as Passed by Lok Sabha

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In Shelf Drilling controversy, Bombay HC reserves orders on Larger Bench reference

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Finance Bill, 2024 - Clinical Analysis of 90+ Direct Tax Amendments

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Union Budget aims to curb pending litigation through new 'Vivad-se-Vishwas' Scheme 2024

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Tax World reacts to Union Budget 2024!

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FM proposes tax incentives for IFSC, applies from April 2025

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Key GST Proposals

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Time-limit to avail ITC for returns filed during initial-years of GST implementation relaxed

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No more Indexation benefit for capital gains; ‘Draconian’, say experts

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FM proposes rationalisation of Charitable Trusts provisions, Applies from Oct. 1

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ENA used in manufacture of alcoholic liquor for human consumption outside GST ambit

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FM proposes retrospective amendment in transitional credit provision allowing ISD to transition credit

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Buy back taxation undergoes overhaul, to be taxed as dividend

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FM proposes capital gains regime overhaul, provisions effective today

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FM proposes abolition of Sec. 56 (2)(viib) w.e.f AY 2025-26

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Copy of Finance Bill and Memorandum to Finance Bill, 2024