Salary & family pension deductions enhanced for new tax regime. Standard deduction up from Rs. 50K to Rs. 75K. Family pension deduction up to Rs. 25K/...
Notification No. 11/2021 - Customs is being amended to revise the Agriculture Infrastructure and Development Cess (AIDC) rates on certain goods with effect from 24.07.2024. The AIDC rates are being reduced for gold bar from 5% to 1%, gold dore from 4.35% to 0.35%, silver bar from 5% to 1%, silver dore from 4.35% to 0.35%, platinum, palladium, osmium, ruthenium, iridium from 5.4% to 1.4%, coins of precious metals from 5% to 1%, and gold/silver findings from 5% to 1%.
Notification No. 11/2021 - Customs is being amended to revise the Agriculture Infrastructure and Development Cess (AIDC) rates on certain goods with effect from 24.07.2024. The AIDC rates are being reduced for gold bar from 5% to 1%, gold dore from 4.35% to 0.35%, silver bar from 5% to 1%, silver dore from 4.35% to 0.35%, platinum, palladium, osmium, ruthenium, iridium from 5.4% to 1.4%, coins of precious metals from 5% to 1%, and gold/silver findings from 5% to 1%.
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