GST rationalisation for hotels, restaurants can boost tourism: SOTC CEO
Further rationalisation in goods and services tax (GST) on domestic hotels and restaurants could help fuel tourism growth in India, […]
Weekly GST Communique dated August 03, 2026
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment to accelerate their capital and developmental expenditure
The Union Government has released additional instalment of tax devolution to State Governments amounting to Rs. 1,09,019 crore on 01st
CBIC Notifies Umarwada, Ankleshwar, Bharuch as Customs Location for Handling Import and Export Goods
The Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, has notified Umarwada, Ankleshwar, Bharuch
No 10% pre-deposit required on any Penalty-only order from SCN issued prior to October 01, 2025
The Hon’ble Delhi High Court in Gaurav Jain & Anr. v. Joint Commissioner (Appeals-II), CGST Delhi Zone & Anr. [W.P.(C)
CBIC readies rules to facilitate filing of multi-state GST appeals
The Central Board of Indirect Taxes and Customs is preparing a framework for streamlining the process for departmental appeals in
Over 5.9 crore income tax returns filed by July 31 for AY27 as deadline closes
More than 5.9 crore income tax returns (ITRs) were filed by taxpayers for the assessment year (AY) 2026-27 by July
Finance Ministry flags AI, supply-chain risks, calls for faster policy implementation
The Finance Ministry has said that global developments in artificial intelligence (AI) and the weaponisation of supply chains highlight the
Punjab Government Extends OTS-2025 Till September 30; Taxpayers Get Final Chance to Settle Pre-GST Dues
Punjab Finance, Excise and Taxation Minister Harpal Singh Cheema on Friday announced that the Punjab One Time Settlement (OTS-2025) Scheme
1.54 lakh accounts in J&K Bank with no PAN, tax probe flags ‘systemic failure’
An Income Tax probe has found that 1.54 lakh accounts were opened with J&K Bank between 2021 and 2024 without
