To Curb Black Money: CG in consultation with the Chief Justice of the High Court of Jharkhand designates special economic offense court

Central Government in consultation with the Chief Justice of the High Court of Jharkhand designates the special economic offence court to curb black money. Black money refers to money that has been illegally earned, undeclared, or untaxed. It can include income from illicit activities, tax evasion, bribery, corruption, and other forms of illegal financial transactions. […]

Income Tax Notification No. 39/2023: Cost Inflation Index for the financial year 2023-24/Assessment Year 2024-25

Income Tax Notification No. 39/2023: Central Board of Direct Taxes (CBDT) has notified the Cost Inflation Index for the financial year 2023-24/Assessment Year 2024-25 via notification no. 39/2023 dated 12th June 2023. The Cost of Inflation Index for the financial year 2023-24 is 348, vide CBDT notification no. 39/2023. MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD […]

Income Tax Notification No. 38/2023: e-advance rulings (Amendment) Scheme, 2023

Income Tax Notification No. 38/2023: Central Board of Direct Taxes (CBDT) has notified the e-advance rulings (Amendment) Scheme, 2023. This notification will amend e-advance rulings Scheme, 2022. The amendment is related to the Members of a Board for Advance Rulings, it is notified via notification no. 38/2023 dated 12th June 2023. MINISTRY OF FINANCE(Department of […]