WACR breaches repo rate for first time in FY, GST outflows contribute
The weighted average overnight call rate (WACR) rose above the Reserve Bank of India’s (RBI’s) policy repo rate of 5.5 […]
Government receives plea to cut 28% GST on aerated drinks
The Centre has received a formal request to slash the Goods and Services Tax (GST) on aerated beverages, which currently
Hyundai Motor India served ₹517-crore GST demand order
Hyundai Motor India Ltd has been served with a ₹517.34-crore GST cess demand and penalty by the Commissioner (Appeals), CGST
Rs 9,000 savings on insurance: Seniors, middle-class likely to benefit as GST Council mulls tax cut
Senior citizens paying Rs 50,000 annually for health insurance currently shell out an additional Rs 9,000 solely in Goods and
Karnataka launches ‘Know GST’ drive to calm UPI-linked tax panic among traders: Report
With anxiety spreading among small and unregistered traders over tax notices linked to UPI payments, the Karnataka government has launched
SBI Report warns against UPI-based overreach, urges protection for small traders under GST
As the Goods and Services Tax (GST) marks eight years since its rollout, a report from SBI Research is urging
Offline Utility for ITR-2 for AY 2025-26 is available for filing; Income Tax Portal
The Income Tax Department announced on July 22, 2025 that the Offline Utility for ITR-2 for AY 2025-26 is available
CBIC’s Circular regarding the Submission of applications under MOOWR Scheme
The CBIC issued Circular No. 18/2025-Customs dated July 22, 2025, regarding the Submission of applications under MOOWR Scheme. Attention is invited
CBDT notifies Income Tax Exemption to ‘Greater Ludhiana Area Development Authority’ and ‘Moradabad Development Authority’ u/s 10(46A) of the IT Act
The CBDT issued Notification Nos. 120 and 121/2025 dated July 22, 2025, notifies tax exemption under clause (46A) of section 10
DGFT issued amendments in ANF-2N for issuance of export authorization of Pharma Grade Sugar
The DGFT vide Public Notice No. 15/2025-26 dated July 22, 2025 has issued amendment in ANF-2N for issuance of export
