Total 641 APAs done since inception of the APA programme The Central Board of Direct Taxes (CBDT) has entered into a record 125 Advance Pricing Agreements (APAs) in FY 2023-24 with Indian taxpayers. This includes 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). This marks the highest ever APA signings in any financial year […]
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The seventh round of negotiations for the India-Peru Trade Agreement took place in New Delhi, India from April 8 to April 11, 2024. The discussions involved understanding priorities and concerns of each other and ensuring that the negotiations are rooted in mutual respect and benefit. At the start of the seventh-round negotiations, Mr. Sunil Barthwal, […]
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IPEF Forum aims to mobilize investments into sustainable infrastructure, climate technology and renewable energy projects IPEF Forum calls for applications from tech companies, startups; to showcase Indian investible sustainable infra projects on EV, solar The Indo-Pacific Economic Framework for Prosperity (IPEF) was launched in May 2022 and currently includes 14 partners – Australia, Brunei Darussalam, […]
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There is no special drive to re-open cases of mismatch, and media reports alleging that large-scale re-opening is being undertaken by the CBDT are completely misplaced Apprehensions are about retrospective taxation in this matter and re-opening of cases on issues pertaining to HRA claims is completely baseless Certain instances of mismatch of information as filed […]
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DPIIT organises Workshop on ‘Integration of Economic/User Ministries/Departments on PM Gatishakti National Master Plan’ Workshop to sensitise user Ministries/ Departments about onboarding of GIS Data Layers on PM GatiShakti and benefits of using platform Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, organised a pivotal Workshop on ‘Integration of […]
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The Central Board of Direct Taxes (CBDT) has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24) from 1st April, 2024 onwards. The ITR functionalities i.e. ITR-1, ITR-2 and ITR-4, commonly used by taxpayers are available on the e-filing portal from 1st April, 2024 onwards for taxpayers […]
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The Indian National Science Academy (INSA) and the National Centre for Good Governance (NCGG) are jointly organizing the 2nd INSA-NCGG Leadership Development Program in Science and Technology (LEADS) at New Delhi from 1-7, April 2024.This pioneering programme seeks to nurture and empower future leaders in the field of science and technology, fostering visionary leadership and advancing […]
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The 125th anniversary of the iconic Kodaikanal Solar Observatory (KSO) was celebrated on 1 April 2024 by Indian Institute of Astrophysics (IIA), an autonomous institute of the Department of Science and Technology (DST), to remember the history of KSO, felicitate its scientists, and honour its legacy was a milestone for astronomy in India. The KSO […]
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Technology Development Board -Department of Science & Technology supports M/s Remine India Private Limited, Uttarakhand to set up Recycling Facility for Li-ion Batteries and E-Waste The Technology Development Board (TDB) has entered into an agreement with M/s Remine India Private Limited, for “Setting up a commercial plant for recycling of Li Battery and E-Waste using Indigenous […]
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Chart: Trends in GST Collection Yearly gross revenue ₹20.18 lakh crore; 11.7% growth (13.4% on net basis) Gross Good and Services Tax (GST) revenue for March 2024 witnessed the second highest collection ever at ₹1.78 lakh crore, with a 11.5% year-on-year growth. This surge was driven by a significant rise in GST collection from domestic […]
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