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.
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.
The government provides details on pending cases at the NCLT, including year-wise and sector-wise breakdowns and measures being taken to expedite resolutions.
The Ministry of Corporate Affairs’ C-PACE initiative has reduced the time for voluntary company closures from over 2 years to under 2 months.
The government provides data on nationwide Income Tax Department operations, including searches, surveys, and prosecution cases for unaccounted income.
The government addresses concerns about CIBIL scores, detailing how credit information companies are regulated and the steps taken to protect consumers.
India’s government has reduced the customs duty on crude edible oils to 10% to lower consumer prices and support the domestic refining industry.
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.
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.
Prime Minister Modi announces new GST reforms to simplify the tax system, rationalise rates, and correct structural issues to benefit citizens and businesses.