IFSCA Notifies Landmark Regulations for TechFin and Ancillary Services at GIFT City
The International Financial Services Centres Authority (IFSCA) has issued a comprehensive regulatory framework titled the IFSCA (TechFin and Ancillary Services) Regulations, 2025, aimed at...
Invest India Portal to Continue Hosting MOOWR Scheme Applications Until 31 October 2025: CBIC
The Central Board of Indirect Taxes and Customs (CBIC) has announced the continuation of the online application facility for the Manufacturing and Other Operations...
Select Committee Flags Technical Gaps in Income Tax Bill 2025, Seeks Major Clarifications
A 32-member Parliamentary Select Committee has submitted its detailed report on the draft Income Tax Bill, 2025, expressing broad support for the legislation’s goal...
NFRA Backs ICAI’s Exclusive Mandate for Tax Audits Under Draft Income-Tax Bill, 2025
The National Financial Reporting Authority (NFRA) has backed the Institute of Chartered Accountants of India (ICAI) and recommended that only Chartered Accountants (CAs) be...
CBDT Enhances Transparency with Revamped Form 26AS
In a significant move aimed at increasing transparency and simplifying income tax return filing, the Central Board of Direct Taxes (CBDT) has revamped Form...
No Response from Govt. as CBDT Server Glitch Disrupts Udyam Portal; Speculation Grows Over Future of MSME Registration
A tweet by legal and policy news platform JurisHour has sparked a wave of concern among small businesses and startups after it flagged a...
PAN-Aadhaar Not Linked? CBDT Offers Big Relief on Higher TDS/TCS—Here’s How You Can Avoid Penalty!
No Liability If PAN-Aadhaar Linked by Sept 30, 2025 or Within 2 Months of Payment Post Aug 1, 2025.The Central Board of Direct Taxes...
Jagdeep Dhankhar Resigns as Vice President of India, Cites Health Reasons [READ RESIGNATION]
Jagdeep Dhankhar has resigned from the post of Vice President of India with immediate effect.In a significant development in Indian politics, Jagdeep Dhankhar has...
DGGST to Host Nationwide Interactive Session on GST Demand Notices and Adjudication Reforms
In a significant step towards streamlining tax administration and enhancing the Ease of Doing Business in India, the Directorate General of Goods and Services...
Govt Withdraws Polo Horse Import Duty Exemption One Day After Granting It
In a surprising turn of events, the Central Government has rolled back a customs duty exemption it had granted just a day earlier for...
Form MGT-7 Certification Now Integrated with MGT-8 on MCA V3 Portal: ICSI
ICSI Urges Continued Use of Certified Letterhead with UDINThe Ministry of Corporate Affairs (MCA) has introduced a significant update on its MCA21 V3 portal,...
Fake Income Tax Email Alert: Here’s What to Do If You Receive a ‘Manual Verification’ Email
Email Claims Manual Verification for Rs. 50,000 RefundThe Government of India has issued an urgent advisory cautioning taxpayers against fraudulent emails purporting to be...
Monsoon Session Set to Prioritize Tax Simplification and Business Reforms
Parliament’s Monsoon Session to Tackle Key Economic Legislation Including Income-Tax Overhaul and Maritime ReformsThe Monsoon Session of Parliament, commencing this week and set to...
System Glitch Triggers GSTR-3A Notices to Composition Taxpayers: No Action Needed Clarifies GSTN
GSTR-3A Notices Sent in Error to Composition Dealers: GSTN Issues ClarificationThe Goods and Service Tax Network (GSTN) has stated that the system glitch triggers...
India–EFTA Free Trade Agreement to Take Effect from October 1: A Strategic Leap in Global Trade
Union Commerce and Industry Minister Piyush Goyal has officially announced that the Trade and Economic Partnership Agreement (TEPA) between India and the European Free...
SEBI Renews Recognition of MCX Clearing Corporation for Three Years: Implications for Commodity Markets
The Securities and Exchange Board of India (SEBI) has renewed the recognition of Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) for a three-year term,...
FinMin Exempts ICRISAT From TDSÂ
The Ministry of Finance (Department of Revenue) has notified that the provisions of Chapter XVII of the Income-tax Act, 1961 — which primarily deals...
GSTN to Reinstate Non-Editable Auto-Populated Table 3.2 in GSTR-3B from July 2025
The Goods and Services Tax Network (GSTN) has announced that starting from the July 2025 tax period, the auto-populated values in Table 3.2 of...
GSTR-3B Filing Deadline Approaches: Businesses Urged to Submit June Returns by July 20, 2025
The Goods and Services Tax (GST) department has issued a crucial reminder to all registered taxpayers to file their GSTR-3B return for the period...
Nitin Gupta Former CBDT Chairman Appointed Chairperson NFRAÂ
The Department of Personnel and Training (DoPT), Nitin Gupta, IRS (IT:86), former Chairman of the Central Board of Direct Taxes (CBDT), has been appointed...
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