Centre Promotes 1993-Batch IRS Officers to Chief Commissioner Rank in CBIC
In a major round of senior-level promotions within the Central Board of Indirect Taxes and Customs (CBIC), the Government of India has approved the...
CBIC Keeps Tariff Values Unchanged for Gold, Silver, Edible Oils, and Brass Scrap
The Central Board of Indirect Taxes and Customs (CBIC) has notified Customs (N.T.) Notification No. 64/2025, maintaining status quo in tariff values for key...
How Will NRI Be Benefitted With The New RBI’s Notification
In a move aimed at deepening regional financial cooperation and promoting the internationalisation of the Indian rupee, the Reserve Bank of India (RBI) has...
FinMin Expands Customs Exemptions for Defence Equipment
The Ministry of Finance has issued Notification No. 37/2025-Customs, dated September 17, 2025, amending its earlier Notification No. 50/2019-Customs, which was originally issued on...
Separate GST Registration Mandatory for Warehouses Located in Different States: CBIC [READ INSTRUCTIONS]
In a key clarification impacting businesses operating across multiple states, the Central Board of Indirect Taxes and Customs (CBIC) has stated that an importer...
Karwa Chauth Special : Supreme Court Allows Female Staff To Wear Traditional Sober Attire Instead Of The Standard Uniform
This Karwa Chauth, the Supreme Court allows female staff to wear traditional sober attire instead of the standard uniform.“On the occasion of Karwa Chauth...
RBI Simplifies EDPMS and IDPMS Reconciliation Rules to Ease Compliance for Small Exporters and Importers
The Reserve Bank of India (RBI) has introduced significant relaxations in the reconciliation and closure process of export and import entries under the Export...
ICAI Invites Applications for Empanelment of Observers for January 2026 CA Examinations
The Institute of Chartered Accountants of India (ICAI) has invited applications from eligible members for empanelment as Observers for the forthcoming Chartered Accountants Examinations...
Central Government Hikes Dearness Allowance to 58% from July 2025
The Central Government has approved a 3% hike in Dearness Allowance (DA) for its employees, raising it from 55% to 58% of the basic...
PM Modi Inaugurates Navi Mumbai International Airport: A New Era of Aviation for India
Prime Minister Narendra Modi on Wednesday inaugurated the Navi Mumbai International Airport (NMIA) — one of India’s most ambitious infrastructure projects and a landmark...
FM Sitharaman Launches Forex Currency Settlement System, Calls For Responsible AI-driven Fintech
Union Finance Minister Nirmala Sitharaman on Tuesday announced the launch of the Foreign Currency Settlement System (FCSS) at the Gujarat International Finance Tec-City (GIFT...
Zero Balance Savings Accounts Proposed By RBI
The Reserve Bank of India (RBI) has proposed sweeping reforms to the framework governing Basic Savings Bank Deposit (BSBD) accounts — also known as...
Govt Exempts Certain Steel Products from Mandatory QCO Compliance Until October 31, 2025
In view of multiple industry representations and following the decision of the competent authority, the Government of India has announced an exemption for specific...
6 Senior IRS Officers Promoted as Principal Chief Commissioners and Principal Director Generals in CBIC
The Central Board of Indirect Taxes and Customs (CBIC), under the Department of Revenue, Ministry of Finance, has issued Office Order No. 158/2025, announcing...
Users Question GSTN’s “Time-Travel Glitch” as Old Maintenance Message Reappears
Users Question GSTN’s “Time-Travel Glitch” as Old Maintenance Message ReappearsConfusion erupted among taxpayers and professionals on Monday as several users reported seeing an outdated...
CBIC Notifies Auto-approval of Incentive Bank Account, IFSC Code Registration Requests Across All Customs Locations
The Central Board of Indirect Taxes and Customs (CBIC) has notified the auto-approval of incentive bank account and IFSC Code registration requests across all...
CESTAT Mandates E-Filing Of Appeal From November 15, 2025
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has mandated the e-filing of Appeal from November 15, 2025 and will end the physical ...
DGoV Cautions Officers Against Improper References in Quasi-Judicial Matters; Field Allegations of Pressure Persist Despite CBIC Denials
The Directorate General of Vigilance (DGoV) has issued a strong communication dated October 6, 2025, cautioning officers against making references to it in quasi-judicial...
CBIC Notifies New Powers to DGARM Officials for Passenger Data Processing Across India
The Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance, has expanded the powers of senior customs officers to streamline...
CBIC Expands Seizure Powers of Customs Officers
The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 63/2025-Customs (N.T.) amending the earlier Notification No. 26/2022-Customs (N.T.) dated March...
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