CBIC reformed GSTR-9/9C for FY 2024-25, mandating granular ITC reporting, rule-wise reversals, and GSTR-2B auto-population, raising the compliance bar for businesses above Rs.2 crore.
An exposé claims a major retail chain exploited a GST rate cut (28% to 18%) by adjusting discounts to keep the final price fixed, systematically diverting consumer savings into corporate profit.
Finance Ministry Notification 43/2025 grants an exemption on Customs Duty, AIDC, and Health Cess for specified goods imported from Iceland, subject to strict adherence to Rules of Origin.
India grants customs, AIDC, and health cess exemptions on specified goods imported from Norway, effective with origin certification under trade rules.
Learn the registration process for NGOs (Trust, Society, Section 8 Company) on the Social Stock Exchange (NSE/BSE), including eligibility, document checklist, and timeline.
New Customs Notification 41/2025 reduces duty, AIDC, and Health Cess rates on goods imported from Switzerland, effective October 1, 2025, subject to rules of origin.
The GST Council has recommended removing the contentious ‘intermediary’ service provision, aiming to restore zero-rating for genuine service exports and resolve years of tax disputes.
Summarizing IBC Sections 21(6), 21(6A), and 24(5) on financial creditor representation. Covers flexible voting in consortiums, mandatory ARs, and individual professional appointment.
The Ministry of Finance revises customs tariff values for edible oils, metals, and areca nuts effective 1 October 2025 under Notification No. 60/2025.
ICAI Board of Studies announces Success at CA Exam sessions (Series I from Dec 23, 2025; Series II from Jan 6, 2026) for Foundation students appearing in January 2026.
