Ministry of Finance hikes concessional import duty on gold, silver and platinum from 4.35% to 10% under Notification 57/2000-Customs effective 13 May 2026.
Customs Notification 16/2026 Changes AIDC Structure for Gold, Silver and Platinum Imports – New customs notification modifies AIDC rates for bullion, jewellery components and recycled precious metal imports.
The Government has raised customs duty from 5% to 10% on several precious metals and related tariff items through Notification No. 15/2026-Customs. The amendment also introduces a special provision for spent catalyst and ash containing precious metals.
Pune ITAT held that once the Assessing Officer accepted the explanation for cash deposits, reassessment could not continue on a completely new issue without issuing a fresh notice under Section 148.
Bangalore ITAT held that interest earned on statutory SLR and fluid resource deposits maintained under the Karnataka Co-operative Societies Act qualifies for deduction under Section 80P(2)(a)(i).
SEBI proposes SDI rule changes to align listed securitisation norms with RBI directions, covering SPDE governance, disclosures, trustee changes, and more.
A Discussion Perspective A company is owned by its shareholders and managed by its Board of Directors. However, the framework of corporate governance extends beyond the objective of profit generation alone. Companies today operate within a broader stakeholder ecosystem comprising employees, lenders, creditors, investors, customers, regulators, government authorities and society at large. Contemporary corporate governance […]
Learn Excel, LinkedIn, interview skills, GST, Ind AS, and tech tools after CA exams to improve ICAI placement chances and secure better offers.
India’s new PAN compliance framework introduces stricter documentation and verification requirements for NRIs and foreign entities. The reforms replace old forms and mandate TIN, passport, and authorized representative details.
Taxpayers and professionals are facing major technical issues while uploading Annexure-B JSON files for GST refunds. Common problems include duplicate data errors, missing invoice validations, and failed JSON uploads despite correct data preparation.
