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President Promulgates Income Tax Amendment Ordinance, 2026; Exempts FIIs and BIS from G-Sec Tax Liabilities

The President of India has promulgated the Income-tax (Amendment) Ordinance, 2026 (No. 2 of...

No Payment, No New Auditor? ICAI’s Draft Ethics Code 

A proposed provision in the upcoming ICAI Code of Ethics 2026 has sparked significant...

Cabinet Backs Ordinance to Ease Tax Rules for Foreign Investors Amid FPI Outflows

In a significant move aimed at improving investor sentiment and supporting capital inflows, the...

No Cash Fee For Audit Firms, Just Digital Payments: ICAI

A provision in the proposed ICAI Code of Ethics 2026 has triggered widespread discussion...

India Extends Countervailing Duty on Malaysian Solar Glass for 5 More Years to Protect Domestic Industry

The Ministry of Finance has extended the countervailing duty (CVD) on imports of textured...

DGFT Expands QCO Exemption for SEZ Imports

The Directorate General of Foreign Trade (DGFT) has amended the Foreign Trade Policy (FTP),...

ICAI Removes 12 CA Removed from Membership Register, Fines Up to ₹5 Lakh Imposed For Professional Misconduct

The Institute of Chartered Accountants of India (ICAI) has issued a series of disciplinary...

Will Revised Excise Duty Rates Impact Fuel Pricing from 1 June 2026? FinMin Notification

The Ministry of Finance has revised excise duty rates on specified petroleum products through...

RBI Cancels Certificate of Registration of 54 NBFCs

The Reserve Bank of India (RBI) has cancelled the Certificates of Registration (CoR) of...

Govt. Permits Groww, ICICI Securities, Upstox And 2 Other Entities To Carry Out Aadhaar Authentication Under PMLA

The Ministry of Finance has authorised five reporting entities, including Groww Mutual Fund, ICICI...

GSTAT Andhra Pradesh State Benches Begin Functioning; Vijayawada and Visakhapatnam Benches to Handle Appeals Across State

The Goods and Services Tax Appellate Tribunal (GSTAT) has formally commenced functioning of its...

West Bengal Lowers Intra-State E-Way Bill Threshold From Rs. 1 Lakh to Rs. 50,000 from June 1, 2026

The Government of West Bengal has announced a significant change in the e-way bill...

Latest articles

No Mini-Trial at Cognizance Stage: Directors’ Claim of Cooperation Must Be Examined During Trial

The Karnataka High Court has refused to quash criminal proceedings against two individuals facing...

Missing Seized Records Must Be Considered While Testing ITC Claim; Duplicate GST Demands Ordered Corrected: Delhi HC

The Delhi High Court has held that the tax department’s inability to furnish seized...

Capital Addition Can’t Be Taxed on Assumptions in Reassessment: Allahabad HC

The Allahabad High Court has upheld the deletion of a ₹2.73 crore addition made...

GST Appeal Can’t Be Rejected Without Addressing Taxpayer’s Grounds: Allahabad HC

The Allahabad High Court has set aside an appellate order concerning cancellation of GST...