India to simplify GST: Finance Ministry proposes two-slab system with special rates only for select items
The central government has proposed a simplified two-tier GST (Goods and Services Tax) system with a ‘standard’ and ‘merit’ slab, […]
79th Independence Day; PM Modi Unveils Vision for Developed India by 2047 with Breakthrough Announcements on Semiconductors, Tenfold Nuclear Expansion, GST Reforms, ₹1 Lakh Crore Youth Employment Push, Energy Independence, and National Challenges in Jet Engine Manufacturing
Marking his 12th Independence Day address, Prime Minister Shri Narendra Modi turned the Red Fort into a launchpad for the
PM Modi Announces Next-Generation GST Reforms on 79th Independence Day to Drive ‘Atmanirbhar Bharat’, Focused on Structural Changes, Rate Rationalisation, and Ease of Living for All Sections of Society
The Hon’ble Prime Minister Shri Narendra Modi, on the occasion of 79th Independence Day, highlighted how Goods and Services Tax
Facility to File Updated Returns for AY 2021–22 & 2022–23 (ITR-3 & ITR-4) Now Available
The Income Tax Department of India has enabled the facility for filing Updated Returns for Assessment Years 2021–22 and 2022–23
ITR-6 Excel Utility for AY 2025–26 Now Live on Income Tax Portal
The Income Tax Department has announced that the Excel Utility for ITR-6 for Assessment Year 2025–26 is now live and
Infosys fined by Singapore tax authority over GST payment, what company’s filing on stock exchange says
Infosys faces penalty from Inland Revenue Authority of Singapore. The company announced the same in a stock exchange filing. Inland
Advisory regarding the updation of Aggregate Annual Turnover (AATO) w.e.f. September 01, 2025
The National Informatics Centre (NIC) has issued an Advisory on August 11, 2025, regarding the updation of Aggregate Annual Turnover
New Income Tax Bill provides simple framework to enhance ease of doing biz: ICAI
Chartered accountants’ apex body ICAI on Wednesday said the new Income Tax Bill provides a simple and clear framework that will enhance the ease of
Trade Policy, Import Export News, India-US News
India trade deficit hits eight-month high in July ahead of US tariff hikes
India’s merchandise trade deficit hit an eight-month high of over $27 billion in July as imports surged faster than
Supreme Court’s Judgment on Section 6(2)(b) of the CGST Act w.r.t ‘Parallel Proceedings’, ‘Same Subject Matter’ and ‘Summons’
The Supreme Court of India, in a landmark judgment delivered on August 14, 2025, in the case of M/s Armour
