Gujarat High Court rules tax cannot be recovered from employees when employer fails to deposit deducted TDS; directs CBDT to enforce Section 205 compliance.
Kerala High Court rules that Section 54F exemption applies only to new residential construction, not renovation or extension of existing houses.
Delhi High Court holds Section 54F exemption valid even if house construction began before sale of asset, reaffirming liberal interpretation of tax relief.
PFRDA extends the deadline for Central Government employees and past retirees to migrate to the Unified Pension Scheme (UPS) under NPS by two months, until November 30, 2025.
PFRDA rationalizes NPS Auto Choice and Life Cycle Fund names to align with actual equity and risk profiles. Funds are now Common Schemes (CS) under the Multiple Scheme Framework.
Summary of India’s recent economic reforms (GST, Income Tax, IBC) and the ICAI’s role, including the upcoming WOFA 2.0, new global training, and strategic MoUs for nation-building.
CBI arrested a CGDA Auditor in Gandhinagar for demanding a Rs. 3.5 lakh bribe and a Railway Hospital Superintendent in Nanded for Rs. 20,000 in two separate corruption traps.
IRDAI warns against the fraudulent website policyholdergov.org that is illegally collecting payments and data; public advised to use only official IRDAI portals.
Understand how employers calculate the average rate of TDS on salary under Section 392 of the Income-tax Act, 2025, for both Old and New Tax Regimes, including mandatory revisions.
Section 56 of the CGST Act grants an automatic right to 6% interest on GST refunds delayed over 60 days from the original application date. Learn how courts enforce this compensatory right.
