The CBIC has introduced a new checklist for customs officers reviewing imports. This standardized process aims to streamline clearances for...

The Institute of Chartered Accountants of India is exploring private equity investment in non-audit accounting services. This move aims to ...

Customs officers must now manually check import documents for healthcare products. This manual verification applies even to facilitated imp...

The GST Council meeting has been rescheduled to October 7 due to the BRICS summit. This meeting will occur after a gap of over a year for t...

The Central Information Commission ordered CBSE to charge RTI photocopying fees strictly as prescribed. It also directed the board to amend...

President Droupadi Murmu has appointed BJP MP Dinesh Sharma as the Lieutenant Governor of the Andaman and Nicobar Islands, Rashtrapati Bhav...

Subhash Chandra, along with eight others, is under scrutiny as the CBI has registered an FIR accusing them of inflating their net worth to ...

Household spending shows a shift towards non-essential goods and services. Alcoholic beverages and tobacco spending saw significant growth,...

Foreign investors are advocating for expedited remittance processes after the Indian government introduced tax exemptions on bonds. They ar...

The Income Tax Department is set to enhance its Annual Information Statement by incorporating additional data. This revision extends to GST...

Income Tax Dept sent tax notice for Rs 9.6 lakh EPF interest which employee never received but erroneously shown in ITR as received; he fig...

A parliamentary committee has identified compliance issues with the new Income Tax Act. They are seeking detailed data from the CBDT on its...

The Maharashtra Charity Commissioner has closed a long-standing inquiry into a 1989 share transfer. This decision confirms the transaction ...

A parliamentary committee will meet on September 3 to discuss direct tax reforms. The meeting will focus on simplification, rationalization...

You can claim full tax exemption on VRS if the scheme was launched under special framework; Know how it works for employees claiming VRS.

The Supreme Court has quashed a tax demand notice against Tata Steel. This notice involved an alleged irregular input tax credit claim. The...

The Supreme Court rejected a review petition from the GST Department. This decision confirms telecom towers are movable property for tax cr...