India has extradition treaties with 48 countries. Details of loan and tax offenders and extradition arrangements were shared in the Rajya Sabha on Dec 17, 2024.
Govt clarifies tax increase on tobacco products, citing changes in excise duty on cigarettes and GST rules. Revenue funds overall govt programs, not cancer-specific.
Govt rationalizes long-term capital gains tax, reducing rates to 12.5% and simplifying holding periods. Relief provided for pre-July 2024 property gains.
The Government’s report on income tax return filings, including the percentage of filers, income categories, zero income declarations, and measures to expand the tax base.
Analysis of a 25% rise in income tax returns filed over five years, with key government initiatives like pre-filled forms, updated returns, and expanded TDS scope.
CBI arrests CGST Inspector and private firm representative for accepting a Rs. 3.2 lakh bribe in Tirupati; searches ongoing, investigation in progress.
Review of India’s 2024 trade achievements, including FTAs, export growth, Bharat Mart launch, digital trade platforms, and key sectoral advancements.
Highlights from the Finance Ministry’s 2024 initiatives, covering direct tax refunds, GST reforms, Customs updates, and India’s FATF compliance achievements.
DGFT enlists 9 new PSIAs and expands operational areas for 6 existing PSIAs under Foreign Trade Policy 2023. Key updates include PSIA mapping and conditions.
ICAI declares members elected to the 25th Regional Councils. Includes names, membership numbers, and locations for each region. View complete notification details.
