‘Comfortable and hopeful’: CBDT Chief says AI nudges, digital push will help meet FY26 direct tax targets
India’s net direct tax collections may have dipped marginally this year, but the Income Tax Department is ‘comfortable and hopeful’ […]
FM Nirmala Sitharaman clarified in the Lok Sabha on GST Applicability and Compliance for Apartment Maintenance Charges
On July 28, 2025, Finance Minister Nirmala Sitharaman clarified in the Lok Sabha that residents of apartments paying maintenance charges
Government Clarifies Stand on GST Reduction for Flex-Fuel Vehicles in Lok Sabha: No Change Recommended by GST Council Despite Push for Alternative Fuels
The Government of India is promoting alternative fuels for vehicles through various measures, including mandating fuel retailers to offer alternative
Clarification by MoS Pankaj Chaudhary in Lok Sabha on 18% GST Slab for User Development Fees (UDF) Collected by Airline Operators
The Minister of State in Ministry of Finance Shri Pankaj Chaudhary in Lok Sabha on July 28, 2025 clarified that
Revolutionizing MSME Lending with a Real-Time Digital Credit Assessment Model for Faster, Paperless, and Objective Loan Approvals
The New Digital Credit Assessment Model for MSMEs was announced in the Union Budget 2024-25. The model envisioned that the
As the economy grows, so would tax collection; hopeful of meeting FY26 target: CBDT Chairman Ravi Agrawal
The net direct tax collections may have slowed down, but the Income Tax Department is “comfortable and hopeful” of meeting
Drunk GST clerk sells crores worth of tax files to scrap dealer for Rs 5,000
In a jaw-dropping lapse of duty, a drunken clerk with the Central Goods and Services Tax (CGST) Department in Nagpur
Individual & HUF taxpayers beneficiaries of the majority of government tax deductions and exemptions
The government’s tax exemptions and deductions are increasingly weighted towards individual taxpayers rather than companies, according to the latest data
SC dismisses Revenue’s SLP, allowing retrospective application of amended Rule 89(5) for IDS refund
The Hon’ble Supreme Court in the case of Union of India & Ors. v. Tirth Agro Technology Pvt. Ltd. &
Delhi HC Upholds Civil Suit Decree for Recovery of Advance Payment in Supply Dispute
The Delhi High Court, in the case of GS Marbles v. Shree Granites [RFA(COMM) 83/2023 & CM Nos. 22970/2023, 22971/2023
