DGGI investigates 642 offshore entities in online gaming; no reciprocal info-sharing with foreign governments yet.
GST Council forms GoM to review GST rates on health insurance; potential impact on revenue and consumer relief under evaluation.
GST on health insurance for senior citizens under review; GST Council forms GoM to examine rate rationalization and exemption proposals.
Government decriminalizes minor direct tax offences, simplifies compliance, and improves litigation management. Key changes include amended Section 276A and 276B.
PAN 2.0 focuses on process upgrades for taxpayers with no mandatory new PAN card. Existing cards remain valid. Estimated cost: ₹1435 crore.
Indian government discusses VDA regulation, taxation, and global collaboration. No timeline set for guidelines; risks and innovation under evaluation.
Eligibility conditions for CSR funds from CPSEs under Section 135 of Companies Act, 2013, clarified in Lok Sabha. Details on AAA ratings and fund allocation.
ITAT Ahmedabad imposed cost of Rs. 10,000 on the assessee due to non-compliance with the show cause notice and directed to restore the matter back to the file of Jurisdictional Assessing Officer.
The Government has launched initiatives to simplify company registrations. 112,962 companies registered in FY 2024-25 till November.
CBDT’s electronic campaign helps taxpayers fix mismatches in income and transactions for FY 2023-24 and 2021-22. Revised ITRs can be filed until Dec 31, 2024.
