- Interim Budget 2024-25 Highlights: Key takeaways include relief for small disputes and measures to support income-tax payers.
- GST Collection in June 2024: Growth slows to 7.7%, reaching Rs 1.74 trillion, down from previous months.
- RBI Collaborates on Cross-Border Payments: RBI and ASEAN countries to create a platform for fast retail cross-border payments by 2026.
- Core Sector Growth: Slows to 6.3% in May 2024, influenced by varied sectoral performance.
- India's Q1 Fiscal Deficit: Reduced to 3.5% of GDP, signaling improved fiscal management.
- Income Tax Filing Deadline: Reminder for individuals to file their ITR by July 31, 2024.
- Finance Ministry's GST Reforms: Proposals to simplify GST compliance and reduce litigation.
- New Income Tax E-filing Portal: Launched to enhance taxpayer experience and streamline the filing process.
- Tax Relief for Startups: Extension of tax holiday benefits for eligible startups under the Startup India initiative.
- Amnesty Scheme for Tax Disputes: Government introduces a scheme to resolve pending tax disputes and reduce litigation.
