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CENTRAL BOARD OF INDIRECT TAXES
HC seeks govt reply on auto TDS refund pleaThe Delhi High Court has asked the government for its response on a plea. This plea seeks automatic tax deducted at source refunds for indi...- Global Market: BOJ sees stronger inflation ahead, June minutes showBank of Japan policymakers expect consumer inflation to receive a boost in the second half of the fiscal year as companies prepare to raise...
- India extends anti-dumping duty on select chemicals, metal goods; imposes on oneIndia has extended anti-dumping duties on four products, including chemicals and steel goods. New duties were imposed on metallurgical coke...
- Delhi: Man files complaint against CJP founder Abhijeet Dipke, seeks immediate arrest over assault allegationsFaizan Ansari filed a complaint against Abhijeet Dipke alleging attacks in Pune and Aurangabad. He seeks the immediate arrest of Dipke, cit...
- Earn more, spend more, stay broke: CA warns against the comfortable poverty of high-income earnersCA Nitin Kaushik warns that a higher salary does not automatically create wealth. He argues that lifestyle inflation, social media comparis...
- Payments bill revives hopes of MDR return on large-ticket UPI transactionsET was the first to report on July 16 that the government is considering reintroducing MDR for UPI transactions undertaken by large merchan...
- Payment Bill rekindles MDR hopes for large-value UPIProposed amendments to the Payment and Settlement Systems Act may bring back merchant discount rates. This move could help banks and fintec...
- Rejig of global tax reporting rules to cover digital financeThe revised guidance, issued by the central board of direct taxes (CBDT), lays down an updated compliance framework for reporting financial...
- Muthoot Microfin case: Sebi exempts six family trusts from open offer obligationSebi has exempted six Muthoot family trusts from an open offer requirement. This exemption pertains to the indirect acquisition of shares i...
- Govt to move amendments to IT Act to pave way for levy of MDRET was the first to report on July 16 that the government could reintroduce MDR on UPI transactions for large merchants. This has been an i...
- Disputed tax demand down Rs 16,690 cr since hike in monetary limit for filing appeals, LS toldHigher monetary limits for tax appeals have reduced disputed tax demand by about ₹16,690 crore, with over 23,000 departmental cases withdra...
- GST collections stay on track, rise 15% in JulyIndia's July GST collections surpassed ₹2.11 lakh crore, showing a 15.4% year-on-year increase. Import GST surged significantly, contributi...
- ITR filing deadline extension: Has income tax filing last date of July 31, 2026, been extended? Know moreThe July 31, 2026, income tax return filing deadline remains unchanged for many taxpayers. Those who missed this date must now file a belat...
- Unfazed by West Asia crisis, fiscal deficit within range at 18.2% in Q1The Centre's fiscal deficit reached 18.2% of the full-year target in the first quarter. Higher spending was offset by stronger net tax coll...
- Tahir Hussain was indirectly working for BJP: Saurabh BharadwajRefuting the BJP's remarks linking Aam Aadmi Party (AAP) to the February 2020 northeast Delhi riots, Bharadwaj said Hussain had political l...
- No input tax credit for the innocent buyer after paying GST? Supreme Court settles who bears the cost when a supplier defaultsThe Supreme Court affirmed Gujarat High Court's decision on CGST Act Section 16(2)(c). This ruling validates the provision requiring tax pa...
- CBIC readies rules to facilitate filing of multi-state GST appealsThe Central Board of Indirect Taxes and Customs is preparing a new framework that will streamline departmental appeals involving multiple s...
- GST panel may consider allowing transfer of unused tax credit within corporate groupsA key GST panel will consider industry suggestions for transferring unutilised input tax credit. Exempting intra-group corporate guarantees...
- Vizhinjam seaport gets final Customs clearance for EXIM operationsVizhinjam International Seaport secured Customs approval for EXIM operations. Final approval allows the port to commence cargo operations f...
- CBIC weighs centralised GST registration under one PANThe proposal seeks to address a longstanding industry demand by examining whether businesses operating across multiple states can be admini...
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