meanwhile, an attack on ukraine s zaporizhzhia region leaves at least 23 people dead. a mounting death toll in florida after hurricane ian, president biden says it could be deadliest storm ever to hit the state. and saying good bye to sammy the story of a retiring guide dog good afternoon. welcome to bbc news. let us go back to moscow, where we have been listening to president vladimir putin officially, in his view, agreeing to the annexation and signing in the annexation of four regions of ukraine. this follows so called referendums that have been held in those four regions. in the east were talking about dunne esque in law hunts, donetsk and lou hanscombe dott. luhansk, hanscombe dott. lu ha nsk, zaporizhzhia. hanscombe dott. luhansk, zaporizhzhia. these areas supposedly wanting to rejoin russia. i think we might have some pictures of these signing ceremony, which took place in the kremlin in front of members of president putin s government. as you can see there, a
Interim Budget: Prime Minister Narendra Modi will likely use the last budget of the present government before the elections to woo voters with new spending measures, while avoiding a fiscal deficit increase. The economys rapid expansion has led to a tax windfall for the government, helping it meet its goals of curbing the deficit. Finance Minister Nirmala Sitharaman, who will deliver her sixth budget speech on Feb. 1, has scope to keep infrastructure spending going and take targeted steps to support Modis priority sectors for the elections: farmers, women, the poor, and young people.
India s tax administration has undergone a significant transformation over the past decade, preparing the country for its Amrit Kaal . The number of income tax returns filed has increased by approximately 105% between FY 2013-14 and FY 2022-23, and the net direct tax collection is set to surpass Rs 19 lakh crore in FY 2023-24.
Budget 2024: India s indirect tax landscape is in need of significant changes to promote economic growth and a more business-friendly environment. The Goods and Services Tax (GST) is a key component of the tax reform journey, but its complexity often leads to confusion and compliance challenges. The inclusion of petroleum products and real estate under the GST would simplify the tax structure, promote transparency, and reduce the cascading effect of taxes.