Government Revises Standard Input Output Norms (SIONs) for Chemical and Allied Products
The Government of India has notified revisions in the Standard Input Output Norms (SIONs) for select products under the Chemical […]
Government Enacts ‘Health Security se National Security Cess Act, 2025’ to Strengthen Funding for National Security and Public Health
In a significant legislative step aimed at strengthening the financial architecture for national security and public health, Parliament has enacted
100% EOU entitled to refund of unutilized ITC on exports made without payment of tax, where deemed export provisions not followed and its benefits not availed
The Hon’ble Gujarat High Court in M/s. Shah Paperplast Industries Ltd. & Anr. v. Union of India & Ors. [R/Special
ITC can’t be denied if disclosed in GSTR-9 but missed in GSTR-3B due to inadvertent error
The Hon’ble Calcutta High Court in the case of Laxmi Ghosh v. State of West Bengal & Ors. [W.P.A. No.
GSTN issues detailed Consolidated FAQs on GSTR-9 and GSTR-9C for FY 2024-25 to facilitate taxpayers
The Goods and Services Tax Network (GSTN) has issued a Consolidated Frequently Asked Questions (FAQs) dated December 17, 2025 on
GST 2.0 to Boost Growth, Formalisation and Ease of Doing Business: MoS Finance
In a written reply to Unstarred Question No. 2327 in the Lok Sabha on December 15, 2025, the Minister of
₹18 lakh tax demand quashed: How misclassification of land can trigger and cancel I-T notices
A routine land purchase can sometimes spiral into a tax nightmare — not because of wrongdoing, but because of how
Tax Exemption Granted to New Okhla Industrial Development Authority (NOIDA) and Punjab Urban Planning and Development Authority (PUDA) under the IT Act
The Central Government has issued two separate notifications granting income-tax exemption to statutory development authorities under the provisions of the
Premium bike sales rise 4% despite GST hike for 350 cc-plus models
Sales of premium motorcycles in India — those with engine capacities above 350 cubic centimetres (cc) — showed resilience, registering
RBI doubles liquidity injection to Rs 1.5 lakh crore ahead of tax payments
The Reserve Bank of India has doubled its liquidity injection plan to Rs 1.5 lakh crore through variable repo rate
