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Gross GST collections drop to three-month low of Rs 1 64 lakh crore in December

In December, the government settled Rs 40,057 crore to Central GST and Rs 33,652 crore to State GST from Integrated GST. As a result, the total revenue for the month post settlement was Rs 70,501 crore for the Centre and Rs 71,587 crore for State GST.

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Attention Taxpayers! Check I-T Dept s Important Advise On ITR-TDS Mismatch

Attention Taxpayers! Check I-T Dept s Important Advise On ITR-TDS Mismatch
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ITR Forms FY 2023-24: Here s what s new in ITR-1 (Sahaj), ITR-4 (Sugam)

Most changes in the forms are minor, but since the new, minimal exemptions regime is the default one this time, you will have to specifically opt out of it if you wish to avail of tax benefits under section 80C, 80D, 80G, and so on.

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How NRI can transfer NRO account money out of India

There are usually two types of bank accounts that are operated by an NRI in India. These are NRE and NRO bank accounts. The money lying in NRE bank account is easily remitted by an NRI outside India. However, the same cannot be said for the NRO bank account. There are certain rules that an NRI must comply with before making transfer either to overseas bank account or to NRE account.

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GST mop-up grows 15% to Rs 1 68 lakh cr in November

GST mop-up grows 15% to Rs 1 68 lakh cr in November
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