CBIC Cadre Restructuring 2025: What Officers Should Know
The Central Board of Indirect Taxes & Customs (CBIC) may roll out cadre restructuring in 2025, with fresh government instructions to resolve long‑standing promotional...
SEBI Chief Emphasises Early Detection of Financial Frauds; ICAI to Play Key Role in Strengthening Forensic Framework
Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Friday underlined the importance of early detection in combating financial frauds, acknowledging...
Indian Embassy Issues Safety Advisory After Surge in Racist Attacks in Ireland
The Indian Embassy in Ireland has issued a public safety advisory to Indian nationals living across the country amid growing concern over racially motivated...
Kerala GST Dept. Rolls Out Faceless Adjudication On Pilot Bases, Prescribes Procedure
As part of a phased rollout, the faceless adjudication system is being initially implemented in the districts of Pathanamthitta and Idukki. In a landmark move...
Scan to Complain: FSSAI Makes QR Code Display Mandatory at All Food Joints
From fine-dine to roadside dhabas, eateries across India must now display a QR code that lets customers instantly report food safety violations via the...
Include CS In Definition of ‘Accountant’ Under Income Tax Bill, 2025: ICSI
The Institute of Company Secretaries of India (ICSI) has reaffirmed its commitment to advocating the recognition of Company Secretaries (CS) as part of India’s...
Dr. Mayank Sharma Takes Charge as Financial Advisor (Defence Services)
Dr. Mayank Sharma has officially assumed charge as the new Financial Advisor (Defence Services) with effect from August 01, 2025. A distinguished 1989-batch officer...
CBIC’s CRCL and NFSU Join Hands to Boost NDPS Enforcement Through High-Tech Forensics and R&D
The Central Revenues Control Laboratory (CRCL), under the Central Board of Indirect Taxes and Customs (CBIC), has signed a Memorandum of Understanding (MoU) with...
FinMin Amends Rules Governing Customs & Excise Settlement Commission; Existing Officers to Vacate Posts with Compensation
The Ministry of Finance has notified amendments to the rules governing the Customs and Central Excise Settlement Commission, mandating that all existing members, including...
DGFT Expands Export Authorisation Scope for Chemicals Under GAEC Framework
The Directorate General of Foreign Trade (DGFT) has amended Para 10.16 of the 2023 Handbook of Procedures (HBP), expanding the scope of the General...
CBDT Elevates Three Senior IRS Officers to Apex Grade of Principal Chief Commissioner of Income Tax
The Central Board of Direct Taxes (CBDT) has promoted three senior Indian Revenue Service (IRS) officers namely Adarsh Kumar Modi, Rajeshwar Yadav, and Lalit...
Tariff Value of Gold, Silver, Oil and Areca Nuts Re-notified: CBIC Updates Import Rates Effective August 1, 2025
The Central Board of Indirect Taxes and Customs (CBIC) has revised the tariff values of various imported goods namely Gold, Silver, Oil and Areca...
ICAI Retains 60 Tax Audit Limit Per Member with Key Clarifications; New Guidelines Effective from April 1, 2026
In a bid to uphold the quality and integrity of tax audit practices, the Council of the Institute of Chartered Accountants of India (ICAI)...
ICAI Releases 2025 Edition of Tax Audit Guidance Note with Major Revisions to Form 3CD and Turnover Rules
The Institute of Chartered Accountants of India (ICAI) has officially released the Tenth Edition (Revised 2025) of its authoritative “Guidance Note on Tax Audit...
Sensex Crashes as Trump Slaps 25% Tariff on India
The Indian stock market faced significant volatility following U.S. President Donald Trump’s announcement of a 25% tariff on all Indian goods, effective August 1,...
HRA Exemption Option Disabled in ITR-2; Income Tax Dept. Comes Up with Solution Amid Taxpayer Alarm
Juris Hour reported that the House Rent Allowance (HRA) exemption option was disabled in the ITR-2 form on the Income Tax Department’s e-filing portal....
Cabinet Greenlights ₹1,920 Crore Supplementary Boost for PMKSY to Strengthen Agri‑Food Processing Chain
The Union Cabinet approved an additional allocation of ₹1,920 crore for the Pradhan Mantri Kisan Sampada Yojana (PMKSY) as part of a total revised outlay of ₹6,520 crore...
Technical Glitches Hit ITR-3 Filings Ahead of Deadline, Users Report Errors on Income Tax Portal
As the July 31 deadline for filing income tax returns approached, several taxpayers reported technical glitches on the Income Tax Department’s e-filing portal, particularly...
ITR Filing Portal Faces Downtime During Peak Season, Users Demand Urgent Fix
As the deadline for filing Income Tax Returns (ITR) approaches, the Income Tax Department’s e-Filing portal has come under fire from taxpayers and professionals...
HRA Exemption Option Disabled in ITR-2: Taxpayers Raise Alarm on Income Tax Portal Glitch
A technical glitch on the Income Tax Department’s e-filing portal has sparked concerns among salaried taxpayers attempting to file their Income Tax Returns (ITR)...
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