West Bengal Increases Excise Duty to Fund Social Schemes
News and Updates Team West Bengal raises excise duty on beer and liquor to fund social welfare schemes, targeting over Rs 20,000 crore in revenue. Excise Duty Increase on Alcohol The West Bengal government…
News and Updates Team
Supreme Court Rules Against Excess Enrolment Fees by Bar Councils
The Supreme Court rules that state Bar Councils cannot charge excessive enrolment fees, emphasizing equality and compliance with the Advocates Act. Supreme Court Verdict on Enrolment Fees On Tuesday, the…
Aryan Khan Buys 2 Floors in Delhi Having Connection to Shahrukh
Aryan Khan buys two floors worth ₹37 crore in South Delhi, where his parents once lived. This purchase strengthens the Khan family’s real estate portfolio. Aryan Khan’s Investment in South…
IT Department Explains LTCG Calculation for Pre-2001 Properties
The I-T Department clarifies LTCG tax calculations for properties purchased before 2001, detailing how to determine cost and apply the reduced tax rate. Clarification on Cost of Acquisition On July…
Telangana: CM Sets Revenue Targets to Meet Annual Goals
Telangana Chief Minister Revanth Reddy mandates monthly revenue targets for departments to meet annual goals, emphasizing transparency and reforms. Monthly Reviews and Revenue Generation Telangana Chief Minister Sri A. Revanth…
Rajasthan Budget 2024: Major Investments in Youth and Agriculture
Rajasthan Budget 2024 cuts stamp duty, reduces CNG and aviation fuel prices, and invests in youth, women, farmers, and tourism development. Key Highlights of Rajasthan Budget 2024 The Bhajanlal government…
No GST on Slump Sale Transactions: Bombay High Court Ruling
Bombay High Court rules no GST on slump sale transactions. Case reaffirms business transfer as going concern, avoiding individual asset VAT. Bombay High Court Confirms No GST on Slump Sale…
West Bengal Ends Stamp Duty and Circle Rate Relief for Buyers
West Bengal withdraws 2% stamp duty cut and 10% circle rate reduction from July 1, 2024. Experts weigh in on the impact and future implications. West Bengal Ends Temporary Real…
Government Likely to Impose 30% Tax on F&O Trading
The Indian government is reported to be considering a 30% tax on Futures & Options trading, classifying it as speculative income. Retail traders express concerns online. Government’s Likely Plan to…
Court Investigates Rs 100 Crore Stamp Duty Evasion Case
Gorakhpur’s ADM FR court probes Rs 100 crore stamp duty evasion involving a power of attorney. Court Issues Notices in Major Stamp Duty Evasion Case In Gorakhpur, a significant stamp…