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The central government is expected to reduce income tax for individuals earning up to Rs.15 lakh per year in the upcoming Budget 2025-26, according to a report citing two government sources.

Govt may reduce Income Tax in Budget 2025; Taxpayers Earning Up To Rs.15 Lakh may Benefit

GST authorities have issued a show cause notice to a dozen companies that provide CNG cylinders for vehicle tracking, alleging misrepresentation of these fuel tanks.

GST Department issue Tax Notices to Providers of CNG Cylinders for Wrongly Applying 18% GST

Circulars

The Income Tax Department has released revised file formats for processing TDS and TCS statements.

Income Tax Department released Revised FVUs and Return Preparation Utility for e-TDS/TCS Statements

Hindalco Industries Limited got orders-in-original levying total taxes and penalties of Rs.52,66,58,508 from the Office of the Commissioner of CGST in Rourkela, Odisha, according to an exchange filing.

Hindalco Industries gets GST Demand of more than Rs.52 Crore on RCM matter

The Appointments Committee of the Cabinet (ACC) has appointed Arunish Chawla as the new Revenue Secretary in the Ministry of Finance, starting immediately.

Central Govt appoints IAS Arunish Chawla as New Revenue Secretary in FinMin

The Employees' Provident Fund Organisation (EPFO) has issued provisional payroll data for October 2024, which shows a net addition of 13.41 lakh members.

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Govt may reduce Income Tax in Budget 2025; Taxpayers Earning Up To Rs.15 Lakh may Benefit

GST Department issue Tax Notices to Providers of CNG Cylinders for Wrongly Applying 18% GST

Income Tax Department released Revised FVUs and Return Preparation Utility for e-TDS/TCS Statements

Hindalco Industries gets GST Demand of more than Rs.52 Crore on RCM matter

Central Govt appoints IAS Arunish Chawla as New Revenue Secretary in FinMin

EPFO added 13.41 Lakh Net Members during October 2024