India has witnessed an unprecedented surge in income tax return (ITR) filings, with a record-breaking 76.5 million ITRs filed for the assessment year 2023-24 (FY23). This marks a remarkable 11.7%…
In a significant move to modernize the regulation of patent applications and streamline their processing, the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce…
The News Media Industry plays a pivotal role in informing the public, but it also faces unique challenges such as the need to balance the expectations of readers and advertisers…
In a significant development for homebuyers in Tamil Nadu, the state government has introduced a flat 9% registration charge for property registrations. This is a substantial increase, resulting in buyers…
What is the Employees Provident Fund Organisation (EPFO) The Employees' Provident Fund Organization (EPFO) has taken significant steps to improve its operations and transparency. During EPFO's 71st Foundation Day, the…
The Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 206/18/2023-GST dated October 31, 2023, providing essential clarifications concerning the applicability of Goods and Services Tax (GST)…
The stock price of Gas Authority of India (GAIL) experienced fluctuations in the recent past. Over the last five days, it dropped by 0.42%, while in the last month, it…
The Government e-Marketplace (GeM) has achieved a significant milestone by processing over 30 lakh orders in the current fiscal year. According to data available, as of now, GeM has processed…
In a significant development, the Finance Ministry has decided to raise the Dearness Relief (DR) rate for Central Government pensioners and family pensioners. This increase, as per a notification dated…
Investors in commercial real estate in India need to be aware of the tax implications when dealing with long-term capital gains (LTCG) and short-term capital gains (STCG). The classification of…