Lower GST may heat up demand for packaged foods, daily essentials
Lower GST rates proposed by the government are expected to spur demand for categories such as packaged food, daily essentials, […]
Prime Minister Narendra Modi’s GST reform push wins industry praise
Prime Minister Narendra Modi’s announcement of sweeping GST reforms has received significant praise from the industry and business community. PM
Karnataka HC rejects income tax appeal against Sony India software centre
The Karnataka High Court dismissed an Income Tax Appeal filed by the Income Tax Department against Sony India Software Centre
ITR Filing Deadline Extension Sought Due to Form 26AS, AIS Issues and System Errors: GCCI
The Gujarat Chamber Commerce & Industry (GCCI) has asked for an extension for the income tax return (ITR) deadline since
When Joint Ownership Turns Risky: Spouse Faces Tax Notice Over Partner’s ₹6.75 Crore Property Purchase
A recent Bombay High Court ruling has provided significant relief in a joint property ownership tax dispute. The case involved
Bogus trusts suspected of laundering CSR funds uncovered in I-T raids, search set to widen
The Income Tax Department has uncovered a CSR-linked suspected money laundering network where several companies allegedly channelled their mandatory Corporate
Mumbai GST fraud: 2 directors arrested; Rs 50 crore evasion uncovered
The State Goods and Services Tax (SGST) department arrested two company directors in separate cases of alleged fraudulent Input Tax
Shipping Corporation secures ₹146 crore relief as CESTAT rules in its favour on service tax dispute
State-owned Shipping Corporation of India Ltd (SCI) on Thursday (August 14) said it has secured a favourable ruling from the
CBDT notifies Twenty-First Amendment to Income-tax Rules; Key changes related to Appendix-II, Form No. 7
The Central Board of Direct Taxes (CBDT) vide Notification No. 132/2025 dated August 14, 2025 notified the Income-tax (Twenty-First Amendment)
CBDT and CBIC face significant staff shortages amid tax reforms
Amid preparations for new Income Tax legislation and other reforms in indirect tax administration, the Central Board of Direct Taxes
