GSTR-9C Table 12B May Trigger ITC Mismatch for FY 2024-25; GSTN Directs Taxpayers to Use Table 13
The Goods and Service Tax Network (GSTN) has issued a new compliance wrinkle for taxpayers filing annual GST returns for FY 2024-25, with experts...
GSTR-9 Clarification: No Reporting Needed in Table 7 for Reversal of FY 2023–24 ITC in FY 2024–25
The Goods and Service Tax Network (GSTN) has clarified that annual return reporting under GST has brought relief to taxpayers struggling with disclosures related...
GSTN Issues Advisory on reporting values in Table 3.2 of GSTR-3B
The Goods and Service Tax Network (GSTN) has issued the advisory on reporting values in Table 3.2 of GSTR-3B.Table 3.2 of Form GSTR-3B captures...
Auto Suspension of GST Registration due to Non-Furnishing of Bank Account Details as per Rule 10A
The Goods and Service Tax Network (GSTN) has issued the advisory on the auto suspension of GST registration due to non-furnishing of bank account...
CBDT Notifies Bhuleshwar’s ‘Shree Balakrishna Lalji & Other Deities Temple’ as Place of Historic Importance U/s 80G
The Central Board of Direct Taxes has notified the “Shree Balakrishna Lalji & Other Deities Temple” located in Bhuleshwar, Mumbai as a site of...
RBI Issues Final Gold Loan Rules, Relaxes Conditions for Small Borrowers After Govt Push
The Reserve Bank of India (RBI) has notified comprehensive directions regulating loans against gold and silver collateral, bringing major relief to small and marginal...
Mutual Fund, NPS and Stock Market Investments Surge Sharply Over Last Decade: Centre
Investments in India’s financial markets have witnessed an unprecedented rise over the past decade, with mutual funds, pension schemes and stock market capitalization recording...
Centre Ends GST Compensation to States After Constitutional Mandate Expires; FinMin To Parliament
The Union Government has clarified in Parliament that Goods and Services Tax (GST) compensation to States formally ended in June 2022, following the completion...
ED Registers 6,312 Money Laundering Cases Since 2014; Only 120 Convictions So Far, Govt Tells Parliament
The Union government on Monday informed Lok Sabha that the Enforcement Directorate has registered 6,312 cases under the Prevention of Money-laundering Act (PMLA) in...
FPI Outflows Persist Amid Global Volatility, Says Finance Ministry
The Government addressed concerns in Parliament over the substantial withdrawal of funds by Foreign Portfolio Investors (FPIs) from Indian equity markets in 2025, asserting...
Manipur GST Amendment Bill | Mandatory Track-and-Trace System and Major Compliance Changes
The Central Government on Monday introduced the Manipur Goods and Services Tax (Second Amendment) Bill, 2025 in the Lok Sabha, bringing sweeping changes to...
Centre Details Karnataka’s GST Contribution and Fiscal Support: Over Rs. 1.59 Lakh Crore GST Collected in 2024–25
The Union Ministry of Finance has released detailed data on central taxes, GST and cess/surcharge collections from Karnataka over the past four financial years,...
KCC Expansion Drive Boosts Farmer Credit Access in Maharashtra
In a significant update presented in the Lok Sabha, the Ministry of Finance has detailed the progress of the Kisan Credit Card (KCC) Scheme...
Customs Begins Pan-India Rollout of Digital Stuffing (SF) Message Under SCMTR to Streamline Export Processes
The Office of the Commissioner of Customs (General), Mumbai Zone-I, has announced a nationwide rollout of the Stuffing (SF) Message system under the Sea...
Govt. Steps Up Monitoring to Ensure GST Rate Cut Benefits Reach Consumers: FinMin Replied To Lok Sabha Question
As GST rate rationalisation rolled out from 22 September 2025, the Union Government has put in place a multi-layered monitoring and compliance mechanism to...
9 Major Bank Fraud Accused Declared Fugitive Economic Offenders; Over Rs. 26,600 Crore Loss Reported by PSBs
The Union Government has informed Parliament that a total of 15 individuals have been declared Fugitive Economic Offenders (FEOs) under the Fugitive Economic Offenders...
2,500 Offenders Booked In Three Years: Lok Sabha Reply Shows Intensified Crackdown By Customs & DRI
In a detailed written reply to an Unstarred Question in the Lok Sabha on Monday (December 1, 2025), the Ministry of Finance released significant...
Delayed Cashless Claim Settlements Under Scrutiny as Govt. Reveals Compliance Data in Lok Sabha
The Union Finance Ministry on Monday tabled detailed data in the Lok Sabha revealing the scale of delays, grievance pendency, and regulatory violations in...
DA Merger With Basic Pay: Govt. Confirms Notification Of 8th Central Pay Commission
In a significant development for nearly one crore Central Government employees and pensioners, the Union Ministry of Finance has officially confirmed the constitution of...
Govt Says No Official Estimate Of Black Money Taken Out Of India In Last 10 Years
In a written response to an unstarred question in the Lok Sabha on Monday, the Ministry of Finance stated that there is no official...
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