Faked Tax Deductions? You Could Face A 200% Penalty Under Income Tax Rules
Timely and accurate tax payment is crucial for ensuring the government has the funds to support public welfare initiatives. To […]
Govt in Talks with China to Secure Rare Earth Imports Amid Export Ban, Says Commerce Secy
The Ministry of Commerce and the Ministry of External Affairs (MEA) are actively engaged in discussions with their Chinese counterparts
CBIC launches GST awareness fortnight as major filing reforms loom ahead
In the run-up to GST Day on July 1, the Central Board of Indirect Taxes and Customs (CBIC) has rolled
GST dept busts Rs 14 crore refund fraud, Rs 1.16 crore retrieved from Delhi firm
The Department of Trade and Taxes, Government of Delhi, has uncovered a major case of Goods and Services Tax (GST)
India’s Exports Witness Robust Growth in April-May 2025, Driven by Strong Performance in Electronics, Chemicals, Pharmaceuticals, and Textiles
India’s total exports (Merchandise and Services combined) for May 2025* is estimated at US$ 71.12 Billion, registering a positive growth
Centre to amend new I-T bill’s refund provision in relief to taxpayers: Report
The government is set to amend the refund provision in the new Income Tax Bill, 2025, bringing relief to taxpayers,
Application for Revocation of GST Registration Cancellation to be decided within One Month
The Hon’ble Delhi High Court in the case of M/s. JMD Enterprises v. Sales Tax Officer, AVATO [W.P.(C) No. 6502/2025
High Court granted interim stay on adjudication order involving levy of GST on transfer of leasehold rights
The Hon’ble High Court of Bombay in the case of Tokheim India (P.) Ltd. v. Union of India [Writ Petition
CBDT Grants Income Tax Exemptions to Key Statutory Authorities under Section 10(46) and 10(46A)
On June 16, 2025, the Central Board of Direct Taxes (CBDT) issued Notifications Nos. 57 to 60/2025 granting income tax
GSTN Announces Launch of E-Way Bill 2.0 Portal from July 1, 2025 to Enhance Inter-Operability with Existing System
The GSTN issued Advisory No. 611 dated June 16, 2025, announces the launch of the E-Way Bill 2.0 portal (https://ewaybill2.gst.gov.in)
