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FinMin Constitutes Drawback Committee for 2025: Key Members and Objectives

The Ministry of Finance and the Central Board of Indirect Taxes & Customs (CBIC),...

CBIC Strengthens Revenue Oversight, Streamlines Promotions, Cracks Down On Rs. 15 Crore Duty Evasion [READ NEWSLETTER]

Sanjay Kumar Aggarwal, the Chairman of Central Board of Indirect Taxes and Customs (CBIC)...

ICAI’s “New Exam Requirement” for Members Sparks Frenzy, But It’s All an April Fool’s Joke

A tweet by Chartered Accountant Akhil Pachori has caused a stir among the CA...

Interest Rate for Special Deposit Scheme Revised: 7.1% Announced for 1 April to 30 June 2025

The Ministry of Finance (Department of Economic Affairs), the interest rate for deposits made...

Parliamentary Panel Recommends Withholding Promotions for IAS Officers Failing to Submit Property Returns

A Parliamentary Standing Committee has recommended stricter penalties, including withholding promotions, for Indian Administrative...

E-Processing Of Import/ Export Through Personal Carriage By Air Passengers From May 2025: CBIC 

The Central Board of Indirect Taxes and Customs (CBIC) has introduced electronic processing of...

FAKE NEWS: “All CAs To Comply With This ICAI Guidance Note W.E.F. April 2025”: Know Correct Effective Date

The Institute of Chartered Accountants of India (ICAI) has issued the guidance note for...

Technical Glitch: CBDT Waives Interest On Late TDS/TCS Payments

The Central Board of Direct Taxes (CBDT) has notified the waiver of interest on...

Govt Notifies Finance Act 2025: 10 Key Changes [READ NOTIFICATION]

The Government of India has officially notified the Finance Act 2025 has been published...

Taxpayer Data Misuse Allegations: CBI Registers Case Against Income Tax Officials

The Central Bureau of Investigation (CBI) has registered a case against six individuals, including...

MP John Brittas Urges Finance Minister to Revoke Denial of Eid-ul-Fitr Holiday For CBIC Officers [READ LETTER]

Rajya Sabha MP and CPI(M) Deputy Leader Dr. John Brittas has written to Union...

CBIC Declares CGST Field Formations to Remain Open on March 29-31, 2025

The Central Board of Indirect Taxes & Customs (CBIC) has issued a directive stating...

Latest articles

Unauthenticated Foreign Customs Documents Can’t Establish Pakistani Origin of Imported Dry Dates: CESTAT

The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

Wrong Service Classification Alone Can’t Justify Extended Limitation Without Proof of Tax Evasion: Rajasthan High Court

The Rajasthan High Court has held that mere classification of services under an incorrect...

No Right To Representation Against Anti-Dumping Findings: Delhi High Court

The Delhi High Court has held that constitutional courts cannot routinely direct authorities to...

Coal Purchasers Can’t Be Saddled with Clean Energy Cess or Penalty Without Proof of Knowledge: Gauhati High Court

The Gauhati High Court has held that purchasers of coal cannot be made liable...