Residential house property letting income taxed under 'Income from house property', not 'Business income'. Section 28 amended for clarity from AY 2025...
TDS on property transfer based on aggregate payment to all sellers, not individual payments below Rs. 50L. Prevents misinterpretation. Effective 1/10/...
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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