New ITR forms: NRIs will now have to separately disclose turnover and income under the new presumptive income scheme
The revised Income Tax Return (ITR) forms for AY 2026–27 now include dedicated fields to report income from businesses covered […]
ITAT: Co-owner tag alone can’t trigger tax addition
The Mumbai bench of the income tax appellate tribunal (ITAT) has held that merely being named as a co-owner in
India’s Total Exports Reach US$ 860.09 Billion in FY 2025–26, Recording 4.22% Growth; Imports Rise to US$ 979.40 Billion with 6.47% Increase
India’s overall export performance during the financial year 2025–26 (April–March) reflects steady growth, driven primarily by the services sector and
CBIC Prescribes Procedure for Handling Return of Export Cargo Offloaded at Foreign Ports Amid Strait of Hormuz Disruption
The Central Board of Indirect Taxes & Customs (CBIC), under the Ministry of Finance, has issued Circular No. 21/2026-Customs dated
Customs arrest businessman and CHA trying to export drugs in Mumbai
The Customs arrested a businessman and a clearing agent for allegedly trying to export a chemical without a prior no
Clarification on eligibility of new ECGC Whole Turnover Policy under Component II of the Resilience & Logistics Intervention for Export Facilitation (RELIEF) under Export Promotion Mission (EPM)
The DGFT vide Policy Circular No. 01/2026-27 dated April 15, 2026 clarified that under the RELIEF scheme (Export Promotion Mission),
Ministry of Commerce Unveils Integrated Website and Mobile App to Boost Trade Access and e-Governance
The Ministry of Commerce and Industry has launched today, i.e., 15th April 2026, a modern, accessible, and integrated website for
EPFO Implements New Income-tax Framework: Introduction of Consolidated Form 121 for TDS Exemption
The Employees’ Provident Fund Organisation (EPFO), under the Ministry of Labour & Employment, has issued detailed guidelines for the implementation
HRAAP submits representation on GST issues impacting hospitality sector
The Hotels and Restaurants Association of Andhra Pradesh (HRAAP) submitted a detailed representation highlighting critical challenges faced by the hotel
GSTAT Agra Bench Becomes Operational to Strengthen GST Appellate Mechanism Across 15 Districts of Uttar Pradesh
The Goods and Services Tax Appellate Tribunal (GSTAT), Agra Bench, has become operational as per Public Notice No. 01/2026 dated
