MSMEs fear ₹1.5 lakh annual burden as India rolls out new GST Invoice Management System
The government is all set to roll out the newly proposed and designed Invoice Management System (IMS) under the Goods […]
CBIC issued Circular on various issues related to availment of benefit of GST Amnesty Scheme under section 128A of the CGST Act
The CBIC vide Circular No. 248/05/2025-GST dated March 27, 2025 has issued Various issues related to availment of benefit of
CBIC notifies CGST (Second Amendment) Rules, 2025; Amendments in Rule 164 of the CGST Rules w.r.t. GST Amnesty Scheme
The CBIC issued Notification No. 11/2025–Central Tax dated March 27, 2025, notifies the Central Goods and Services Tax (Second Amendment)
CBIC Issued Important FAQs on Specified Premises for Restaurant Services under GST Law
On March 27, 2025, the CBIC released significant FAQs to elucidate various aspects of ‘specified premises’ concerning the supply of
Uttar Pradesh juice seller gets Rs 7.79 crore income tax notice, family in shock
A middle-aged juice seller, who runs a small kiosk at the district court compound here, was left in shock after
‘WhatsApp chats helped unearth Rs 200 crore in tax evasion’: Govt to introduce provisions to track digital footprint under new I-T Bill
The government has proposed new legal provisions to track and investigate digital assets under the Income Tax Bill, 2025. The
Income tax rule changes from April 1: 10 major updates every taxpayer should know
The Centre has announced many changes in the income tax rules, to be effective from April 1, 2025. Among these
Special drive led to declaration of foreign assets, income of Rs 30,300 crore: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman said that a special campaign carried out by the Income Tax Department has led to
Will meet revenue targets despite tax relief: FM
The government could ‘realistically’ achieve personal income tax collection targets despite offering huge tax relief, Finance Minister Nirmala Sitharaman said
Supreme Court rules businesses can rectify tax errors without penalty
The Supreme Court has directed the Central Board of Indirect Taxes and Customs (CBIC) to re-examine the provisions related to
