Government’s Tax collections to stay strong in FY26, net tax revenue estimated at Rs 28.2 trillion: Reports
The government’s tax collections are expected to remain healthy in the financial year 2025-26 (FY26), according to a recent report. […]
Mumbai man sentenced to 2.5 years in US prison for evading customs duty on jewellery worth ₹116.55 crore
A Mumbai man who operated multiple jewellery firms in the United States has been sentenced to 30 months in prison
Filing of Bills of Entry (BE) would not be available from 11:00 hours onwards on 1st Fab till the completion of updation of all changes in ICES system
The Directorate General of Systems and Data Management (CBIC) issued Advisory No. 07/2025 on January 24, 2025, regarding updates to
DGFT Imposes Restrictions on imports of herbicide Glufosinate priced below Rs 1,289 per kg
The DGFT through Notification No. 54/2024-25 dated January 24, 2025, has imposed restrictions on the import of herbicide Glufosinate and
CBIC cautions against fraudsters issuing fake and fraudulent Summons for GST violations
It has been recently observed that some individuals with fraudulent intent are creating and sending fake summons to the taxpayers
GSTN’s Advisory on Ensuring Business Continuity for e-Invoice and e-Waybill Systems
The GSTN issued Advisory No. 575 dated January 24, 2025, highlighted business continuity mechanisms for e-Invoice and e-Waybill systems. Taxpayers
86.7% believe tax relief, simpler GST will spur consumption; Survey
The majority of Indian industry believes relief on income taxes and rationalisation of goods and services tax (GST) leading to
No small fry! Malayalis’ beloved banana fritter caught in tax tangle
The batter is leaving a bitter aftertaste! The humble banana fritter, known to Malayalis variously as ‘pazhampori’, ‘ethakkaappam’, ‘vazhakkappam’, etc.,
Bharti Airtel faces ₹7.68 cr penalty under GST Act
On January 21, Bharti Airtel Limited received an order under the Central Goods and Services Tax Act, 2017 from the
India Inc seeks an easier tax regime and fewer compliances under Modi 3.0, shows recent survey
Third term budgets are a tall order. There is an overwhelming expectation to be bold by bringing in long-pending reforms
