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Archive: 19 August 2025

Posts in 19 August 2025

EPFO Increases Ex Gratia Death Relief Fund for Employees to Rs. 15 Lakh

August 19, 2025 1077 Views 0 comment Print

The EPFO has raised its ex-gratia payment for deceased employees to Rs. 15 lakh, with an annual 5% increase effective April 1, 2026.

Promotion and Regulation of Online Gaming Bill, 2025 As introduced in Lok Sabha

August 19, 2025 579 Views 0 comment Print

The 2025 bill aims to promote e-sports and social gaming while prohibiting online money games due to their social and financial risks. It establishes a new regulatory authority.

Diwali Gift on GST

August 19, 2025 3153 Views 0 comment Print

On the 79th Independence Day, Hon’ble Prime Minister Sri. Narendra Modi announced a full fledged revamp of GST. The declaration is a very welcome one, though a little bit belated. Better late than never.

Tamil Nadu Power Commission Gets Income Tax Exemption

August 19, 2025 474 Views 0 comment Print

CBDT has granted income tax exemption to Tamil Nadu Electricity Regulatory Commission for specific income types, effective from FY 2022-2023.

 India Extends Anti-Dumping Duty on China FKM

August 19, 2025 756 Views 0 comment Print

The Ministry of Finance extends the anti-dumping duty on Fluoroelastomers (FKM) from China until February 26, 2026, following a review initiated in June 2025

India Extends Anti-Dumping Duty on TDI Imports

August 19, 2025 966 Views 0 comment Print

The Ministry of Finance has extended the anti-dumping duty on Toluene Di-isocyanate (TDI) imports from the EU and Saudi Arabia until March 1, 2026.

DGFT Amends Diamond Import Authorization Policy

August 19, 2025 468 Views 0 comment Print

DGFT amends FTP rules for diamond import authorizations, allowing a CA certificate for ITR proof and removing GST and compensation cess exemptions.

Bank Account Freeze Under GST Cannot Continue Beyond One Year: Bombay HC

August 19, 2025 1521 Views 0 comment Print

Bombay HC declared a provisional GST bank account attachment invalid, citing Section 83(2) of CGST Act, which limits such attachments to one year.

GST Provisional Attachment Beyond One Year Invalid: Delhi HC

August 19, 2025 801 Views 0 comment Print

The Delhi High Court ordered a bank to unfreeze a company’s account, ruling that the provisional attachment, issued by an officer of a lower rank, had expired.

Provisional GST Attachment Ceases to Operate After One Year: Delhi HC

August 19, 2025 2781 Views 0 comment Print

The Delhi High Court ordered the unfreezing of a company’s bank account, ruling that the provisional attachment had expired as it was more than one year old.

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