CBIC reports dismantling a cyber-fraud network using VoIP devices and seizing endangered Silvery Gibbons in trafficking. Indian official elected as WCO GIIS Vice Chair.
CBIC, citing FSSAI, notified Air Cargo Complex Kannur as a new food import point of entry. Customs officers (Superintendent/Appraiser) are designated as Authorized Officers.
CGST Delhi South Commissionerate arrested a firm Director for fraudulently availing Rs 31.95 crore in Input Tax Credit (ITC) using fake invoices without goods supply.
The Electricity (Amendment) Bill, 2025 introduces competition in power distribution while protecting subsidies for farmers. It mandates shared networks and Universal Service Obligation.
Flat-fee and zero brokerage models are transforming retail trading by eliminating high, percentage-based costs. This shift enables greater profit retention and democratizes market access.
MCA amends Companies Rules, 2014, substituting Rule 11(2) to define business of financing industrial enterprises for NBFCs and IFSCA-registered Finance Companies.
GST Rule 14A introduces a simplified registration scheme for small taxpayers with monthly output tax liability under ₹2.5 lakh. Aadhaar authentication is mandatory.
The CBI registered a case against a Jaipur CGST Assistant Commissioner for amassing ₹2.54 Cr in assets, 100% disproportionate to income, leading to searches and seizures.
DGFT issued a Trade Notice inviting stakeholder feedback on proposed amendments to the Aayat Niryat Forms (ANF) for SCOMET export authorizations. The changes aim for a single application format.
FSSAI amends 2016 notification to update regional food testing laboratories across India, adding new labs and deleting obsolete entries.