Union Budget News

Central Government Notifies Finance Act 2024

Posted in Union Budget on 16 February 2024
The Indian government has officially notified the Finance Act, 2024, after its passage through the Parliament and receiving the President's assent on February 1..

Lok Sabha Passes Finance Bill 2024

Posted in Union Budget on 08 February 2024
On Wednesday, the Lok Sabha marked a significant milestone in India's fiscal landscape by passing the Finance Bill 2024, effectively concluding the legislative ..

Budget 2024: CBDT Chairman Nitin Gupta Lauds Swift Tax Return Processing

Posted in Union Budget on 05 February 2024
In a significant development, Nitin Gupta, Chairman of the Central Board of Direct Taxation (CBDT), has announced that the process of tax return filing has been..

ICAI Commends Interim Budget 2024 for Successful Structural Reforms Paving the Way to a Stronger India

Posted in Union Budget on 02 February 2024
ICAI appreciates the interim budget and feels that the structural reforms taken by the Government have now started bearing the fruit and is laying the foundatio..

Indirect Tax Highlights of Interim Union Budget 2024-25

Posted in Union Budget on 01 February 2024
FM proposes to retain same tax rates for indirect taxes and import duties..

Direct Tax Highlights of Interim Union Budget 2024-25

Posted in Union Budget on 01 February 2024
FM proposes to retain same tax rates for direct taxes..

Key Highlights of Interim Union Budget 2024-25

Posted in Union Budget on 01 February 2024
With the 'mantra' of 'Sabka Saath, Sabka Vikas, and Sabka Vishwas' and the whole of nation approach of "Sabka Prayas", FM Smt. Nirmala Sitharaman presented the ..

Budget 2024: Average Monthly Gross GST Collection Doubles to Rs 1.66 Lakh Crore

Posted in Union Budget on 01 February 2024
The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, while presenting the Interim Budget 2024-25 in Parliament today asserted that by ..

Budget 2024: Average processing time of returns brought down to 10 days now

Posted in Union Budget on 01 February 2024
AVERAGE PROCESSING TIME OF RETURNS COMES DOWN FROM 93 DAYS IN 2013-14 TO JUST TEN DAYS NOW..

The Finance Bill 2024

Posted in Union Budget on 01 February 2024
A BILL to continue the existing rates of income-tax for the financial year 2024-2025 and to provide for certain relief to taxpayers and to make amendments in ce..