Weekly GST Communique dated February 10, 2025
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field […]
Nirmala Sitharaman likely to introduce New Income Tax Bill in Lok Sabha today
Union Finance Minister Nirmala Sitharaman is likely to introduce the New Income Tax Bill in the Lok Sabha today. The
Govt looking at procedural easing to further promote FDI: Official
The government is looking at further easing of procedures in certain sectors to attract more foreign direct investments (FDI) into
India to prioritise energy infrastructure in capex shift from FY25-30: Report
India’s capital expenditure from FY25-30 is expected to pivot from public-led transport infrastructure to a more balanced investment in energy
New Income Tax Bill to be concise with nearly 30 percent fewer sections, says report
After Cabinet cleared it, the new income tax bill is set to be tabled in Parliament next week. The new
UCO Bank faces ₹2946 cr GST demand
UCO Bank has received an order from the Additional Commissioner, CGST, Mumbai South Commissionerate on February 6, 2025, raising GST
States demanding funds as per their tax contribution is ‘petty thinking’: Piyush Goyal
Union Commerce Minister Piyush Goyal has said the demand by some States that they get central funds in proportion to
Don’t see any reason for imposition of higher duties by US on Indian exports: CBIC Chairman Agarwal
Chairman of Central Board of Indirect Taxes and Customs (CBIC) Sanjay Agarwal does not expect the US to impose higher
Significant reduction in gold smuggling post July import duty cut: CBIC Chief
Gold smuggling has reduced significantly since July 2024 when the government slashed import duty on the precious metal to 6
India’s e-way bills hit a record high in January 2025
The number of e-way bills generated hit an all-time high of 118.15 million in January 2025, according to data from
