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CBDT, CBIC Vacancy Filling Slows Due to Promotions and Legal Hurdles

August 17, 2025 1983 Views 0 comment Print

The government provides details on current vacancies in the CBDT and CBIC, citing ongoing recruitment efforts and challenges like litigation and a lack of eligible candidates.

Registered Companies in West Bengal Double to 2.5 Lakh in 15 Years

August 17, 2025 2004 Views 0 comment Print

Details on companies with registered offices in West Bengal, including year-wise data on new registrations and the number of firms that relocated their offices from the state.

NCLT Backlog Persists: Nearly 15,000 Cases Pending as of March 2025

August 17, 2025 1806 Views 0 comment Print

The government provides details on pending cases at the NCLT, including year-wise and sector-wise breakdowns and measures being taken to expedite resolutions.

MCA’s C-PACE Speeds Up Company Closure Process

August 17, 2025 1965 Views 0 comment Print

The Ministry of Corporate Affairs’ C-PACE initiative has reduced the time for voluntary company closures from over 2 years to under 2 months.

Income Tax Operations In The Northern States

August 17, 2025 603 Views 0 comment Print

The government provides data on nationwide Income Tax Department operations, including searches, surveys, and prosecution cases for unaccounted income.

Misuse of CIBIL and Credit Scores By Banks: Govt Clarifies Regulations

August 16, 2025 57051 Views 1 comment Print

The government addresses concerns about CIBIL scores, detailing how credit information companies are regulated and the steps taken to protect consumers.

Reduction In Custom Duty On Crude Edible Oil

August 16, 2025 1419 Views 1 comment Print

India’s government has reduced the customs duty on crude edible oils to 10% to lower consumer prices and support the domestic refining industry.

GST Compliance and Evasion: Government’s Steps

August 16, 2025 1476 Views 0 comment Print

The government is using technology like AI and data analytics to increase GST compliance and reduce tax evasion through measures like mandatory Aadhaar authentication and e-invoicing.

India Faces 25% US Reciprocal Tariff Threat

August 16, 2025 372 Views 0 comment Print

The Indian government states that a 25% reciprocal tariff from the US could affect 55% of India’s merchandise exports. Authorities are assessing the impact.

India’s GST Reforms Focus on Rates and Simplicity: PM

August 15, 2025 2688 Views 0 comment Print

Prime Minister Modi announces new GST reforms to simplify the tax system, rationalise rates, and correct structural issues to benefit citizens and businesses.

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