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Foreign Currency

CBDT Clarifies LTC, Medical Reimbursement & Sections 80DD/80DDB Not Available Under New Tax Regime u/s 115BAC

In a significant clarification impacting salaried taxpayers and government departments, the Central Board of...

Fake GST Raid in Bengaluru: Housekeeping Staff Impersonate Officers, Extort Rs. 5 Lakh from Tobacco Trader

A brazen case of impersonation and extortion has come to light in Bengaluru, where...
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DRI and Customs Intercept Undeclared Foreign Currency Worth Rs. 50.62 Lakh from Passenger at Ahmedabad Airport

The Directorate of Revenue Intelligence (DRI), Ahmedabad Zonal Unit, in coordination with the Customs...

Thiruvananthapuram Customs Seize Foreign Currency Worth Rs. 44.40 Lakhs at Cochin Airport

In a major crackdown on smuggling, officers of the Thiruvananthapuram Customs Zone, under the...

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CBDT Clarifies LTC, Medical Reimbursement & Sections 80DD/80DDB Not Available Under New Tax Regime u/s 115BAC

In a significant clarification impacting salaried taxpayers and government departments, the Central Board of...

Fake GST Raid in Bengaluru: Housekeeping Staff Impersonate Officers, Extort Rs. 5 Lakh from Tobacco Trader

A brazen case of impersonation and extortion has come to light in Bengaluru, where...

ED Moves HC to Cancel WinZO Co-Founder Saumya Singh Rathore’s Bail

The Directorate of Enforcement (ED) has intensified its action against real-money gaming platform WinZO...

No Duty Without Proof of Fresh Import; Relief Granted to L&T on Leftover Bombay High Materials: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench, has set aside...