Tag: Tax Rates
Will there be reduction in tax rates under old regime? Nirmala Sitharaman’s response: ‘Not compelling anyone to…’
Sep 17, 2024 01:01 PM IST Nirmala Sitharaman confirmed no tax rate reductions under the old regime, emphasizing that taxpayers can choose between the old…
GST: GST Council meet to discuss rate rationalisation on September 9, final decision later: FM
Finance Minister Nirmala Sitharaman on Tuesday said the GST council next month will discuss rationalisation of tax rates but a final decision on tweaking taxes…
In preparation for GST rate rationalisation, product categories’ fine-tuning begins
Ahead of the goods and services tax rate rationalisation exercise, the Central Board of Indirect Taxes and Customs has initiated a process of overhauling the…
LTCG rates India: A comparative look at India’s LTCG rates in tandem with peers like UAE, Singapore, China, USA and others
The Union Budget 2024 introduced significant changes to the capital gains tax regime in India, which have sparked considerable discussion among investors and financial experts….
Customs duty on gold: Customs duty structure review to focus on reducing number of rates: Revenue Secretary
The government is looking at bringing down the number of customs duty levies to five from about a dozen presently, as part of the duty…
Simplify these procedures for individual income tax payers in Interim Budget 2024: CII – Interim Budget 2024
The suggested categories of payments could be as follows:Salary: TDS rate at Normal slab ratesLotteries and horse race winnings: TDS rate at 30%All other payments:…