CBIC issues guidelines for systemic improvements on timely mapping/de-mapping of officers in the GSTN portal to prevent fraudulent activities and ensure accountability.
RBI issues guidelines for Category-I banks on non-resident guarantees to ensure compliance with FEMA regulations.
Learn the correct process for entering RR No./PWB in the EWB system after PMS integration to ensure compliance and avoid discrepancies for goods transported by rail.
CBIC extends countervailing duty on Continuous Cast Copper Wire Rod from Indonesia, Malaysia, Vietnam, and Thailand until July 7, 2025, per Notification No. 06/2024.
No RCMC required for RoSCTL, RoDTEP, and Duty Drawback under FTP 2023 post-export remission schemes. Learn about specific requirements for FTP 2023 benefits.
IFSCA issues guidelines for finance companies on sharing office space or manpower for ship leasing activities in the International Financial Services Centre.
Taxpayers face challenges when assessment orders don’t reflect DRP directions. Misalignments lead to disputes, rectification issues, and relief from appellate authorities.
Explore how Asset Reconstruction Companies (ARCs) are addressing India’s bad loan crisis and the challenges they face in the evolving financial landscape.
The Supreme Court ruled that one accused cannot be convicted while another is acquitted on similar evidence, setting a precedent for legal parity.
Understand the differences between appellate powers u/s 251, revisional powers u/s 263, and 264 of the Income Tax Act, and how they affect taxpayers and revenue.
