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FinMin Expands Customs Exemptions for Defence Equipment

The Ministry of Finance has issued Notification No. 37/2025-Customs, dated September 17, 2025, amending...

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...

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...

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...

Central Government Hikes Dearness Allowance to 58% from July 2025

The Central Government has approved a 3% hike in Dearness Allowance (DA) for its...

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) —...

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...

Zero Balance Savings Accounts Proposed By RBI

The Reserve Bank of India (RBI) has proposed sweeping reforms to the framework governing...

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,...

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,...

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...

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...

Latest articles

GST Payable Only on Margin in Second-Hand Car Sales, Subject to Strict Conditions and No ITC Claim: AAR

The Karnataka Authority for Advance Ruling (AAR) has held that while the “margin scheme”...

GST Not Applicable on Bank Rebates from Corporate Card Payments: AAR 

The Karnataka Authority for Advance Ruling (AAR) has held that rebates received from banks...

GST Classification of Biodiesel Blends Clarified: AAR Draws Distinction Based on Petroleum Content

The Authority for Advance Ruling (AAR), Karnataka, has clarified the GST classification applicable to...

GST Exemption Allowed on Pure Labour Services for Standalone Houses: AAR 

The Karnataka Authority for Advance Ruling (AAR) has held that pure labour services provided...