Associate TG
New Tax Rate for Helicopter Passenger Transport Services New Tax Rate for Helicopter Passenger Transport Services The Ministry of Finance has introduced Notification No. 07/2024-Central Tax (Rate), issued on 8th October 2024, which brings new amendments to the Goods and Services Tax (GST) framework for specific service categories. This blog will break down the recent … Read more
A New Amendment under Reverse Charge Mechanism A New Amendment under Reverse Charge Mechanism The Ministry of Finance, Government of India, recently released Notification No. 06/2024-Central Tax (Rate), dated 8th October 2024, amending the original Notification No. 4/2017-Central Tax (Rate) under the Central Goods and Services Tax (CGST) Act, 2017. This notification introduces a significant … Read more
GST Rate Changes as Per Notification No. 05/2024 GST Rate Changes as Per Notification No. 05/2024 On October 8, 2024, the Ministry of Finance issued Notification No. 05/2024-Central Tax (Rate), amending the GST rates for various products under the Central Goods and Services Tax Act, 2017 (CGST Act, 2017). GST Rate Changes as Per Notification … Read more
Understanding Notification No. 09/2024 Understanding Notification No. 09/2024 On 8th October 2024, the Ministry of Finance, Government of India, issued Notification No. 09/2024 – Union Territory Tax (Rate) under the Union Territory Goods and Services Tax Act, 2017 (UTGST). GST New Notification No This notification introduced a significant amendment to the existing reverse charge mechanism under … Read more
194I and Section 194IB of the Income Tax Act 194I and Section 194IB of the Income Tax Act Tax Deducted at Source (TDS) is a crucial mechanism in India’s Income Tax framework to ensure tax collection at the time of payment. When it comes to rent payments, Sections 194I and 194IB of the Income Tax … Read more
