Ministry of Commerce and Industry revises trade data after reconciliation
The provisional Quick Estimates (QE) of EXIM data for the month of Nov’24 was released on 16th December, 2024 . On noticing […]
Budget 2025 insurance taxation proposals: Enhanced deductions and GST cut
The insurance sector in India is at a pivotal point, with people awaiting the Union Budget 2025. Experts suggest that
NRAI writes to the finance minister seeking support in the union budget for boosting restaurant sector
The National Restaurant Association of India wrote to the finance minister Nirmala Sitharaman asking for support in the upcoming Union
Gold imports in April-November overstated by $11.7 billion: Govt
India over-counted its gold imports for every single month of the current financial year up to November with cumulative over-reporting
These cash transactions may attract up to 100% penalty by Income Tax Department
The Income Tax Department while acknowledging Indian society’s affinity with cash transactions warned that the Income Tax Act, 1961 discourages
Gujarat High Court grants bail to journalist Mahesh Langa, won’t walk of jail due to another tax fraud case
The Gujarat High Court on Thursday granted regular bail to senior journalist, Mahesh Langa, in connection with the alleged GST
Increase public capex by 25% for FY26, give tax relief to middle class to boost consumption: CII
The Union government should increase capital expenditure by 25 per cent in FY26 while staying within the fiscal glide path,
Income Tax Dept released updated Common Offline Utility for filing ITRs
The Income Tax Department released updated Common Offline Utility for filing Income-tax Returns (ITR 1 to ITR 4). Common Offline
₹1.12 lakh crore e-gaming GST claim, Revenue Department seeks SC stay order
As the Supreme Court is set to hear the plea of as many as 71 online gaming companies on January
GSTN issued very important Advisory on the Implementation of mandatory mentioning of HSN codes in GSTR-1 & GSTR-1A
The GSTN issued Advisory No. 570 dated January 09, 2025, regarding the Implementation of mandatory mentioning of HSN codes in
