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International Taxation
Canada Day Tax Cut Takes Effect: Millions of Middle-Class Families to Benefit
Prime Minister Mark Carney delivers on promise to lower income taxes, saving two-income households up to $840 annually.
Money Hacks
Top Cryptocurrency Investment Apps of 2025
From beginner-friendly platforms to advanced trading tools and secure self-custody apps, here's your 2025 guide to the top cryptocurrency investment platforms shaping the future of digital finance.
Money Hacks
Digital Gold: India’s Fast-Emerging Investment Phenomenon
Surge in Digital Investment Amid Physical Gold Slowdown
Indirect Taxes
Anticipatory Bail Granted in DRI Case Involving Seizure At Mumbai Airport: Bombay Sessions Court
Bombay Sessions Court grants Anticipatory Bail Granted in DRI Case Involving Seizure Of iPhones, Laptops, Cosmetics, Tobacco At Mumbai Airport.
Direct Tax
Taxpayers Under Litigation Eligible for 50% Settlement Under 2020 Samadhan Scheme, Not Full Payment: MP High Court
The Madhya Pradesh High Court has held that taxpayers whose demands are under litigation at the appellate stage are entitled to benefit from the concessional 50% tax settlement under the MP Karadhan Adhiniyamon Ki Purani Bakaya Rashi Ka Samadhan Adhyadesh, 2020 (commonly known as the Samadhan Scheme).
Notification
President Approves Promotions to Principal Commissioner Grade in CBIC
The President of India has approved the empanelment and promotion of several senior officers of the Indian Revenue Service (Customs & Indirect Taxes) to the grade of Principal Commissioner of Customs & Indirect Taxes.
Notification
Charan Preet Singh Bakshi Granted Proforma Promotion as Chief Commissioner of Customs & Indirect Taxes
The Ministry of Finance, Department of Revenue, has issued Office Order No. 112/2025, granting proforma promotion toCharan Preet Singh Bakshi under the Next Below Rule (NBR).
Notification
Rajeev Gupta, Simmi Jain Promoted as Principal Chief Commissioners in CBIC
The Central Board of Indirect Taxes and Customs (CBIC) has promoted Rajeev Gupta and Simmi Jain as Principal Chief Commissioners.
GST
Illegal GST Recovery: Patna HC Imposes Rs. 10K Costs On SGST Dept.
Patna High Court has quashed an illegal tax recovery made under GST and imposed the costs of Rs. 10,000 on State GST Department.
Other Laws
Police Summoning Advocates: SC Seeks CJI’s Directions on Safeguarding Legal Independence
The Supreme Court while letting the matter be placed before the Chief Justice of...
Notification
Centre to Issue Rs. 50 Silver Coin to Mark Golden Jubilee of Official Language Department
The Ministry of Finance has announced the release of a special Rs. 50 coin...
Notification
Revenue Secretary’s Schedule for July 2025: GSTAT Setup One Of The Key Topics
It is learnt that the Department of Revenue, under the Ministry of Finance, has...
Latest articles
Direct Tax
S. 54 Deduction Can’t Be Restricted Merely Because New House Is Purchased Jointly With Spouse: ITAT
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...
Direct Tax
Survey Disclosure Can’t Be Reclassified as Se. 69A Income Through Rectification U/s 154: ITAT
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that income...
Supreme Court
Supreme Court Issues Notice on Centre’s Challenge to Telangana HC Verdict Striking Down ISD ITC Distribution Rule
The Supreme Court has issued notice on a Special Leave Petition (SLP) filed by...
Indirect Taxes
5G Radio Unit Is Classified Under CTH 8517 6260: CESTATÂ
The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...