India’s outstanding tax dues exceed ₹16 lakh crore. The government is taking legal, digital, and enforcement measures to improve tax collection and recovery.
Kerala SGST launches Centralised Refund Processing from March 15, 2025, ensuring faster verification, virtual hearings, and streamlined taxpayer communication.
Learn about the Kerala SGST Act’s interest and penalty waiver under Section 128A, eligibility, application process, and compliance instructions.
Kerala GST enables video conferencing for personal hearings to improve efficiency. Physical hearings remain an option in exceptional cases.
Delhi HC quashes IGST on re-imported repaired aircraft parts, ruling additional levies unconstitutional. Clarifies scope of integrated tax under IGST Act.
FSSAI waives registration fees for Anganwadi (ICDS) Centers, introduces a new Kind of Business (KoB), and grants five-year registration certificates.
Finance Ministry specifies Power Finance Corporation Ltd.’s ten-year zero coupon bond with Rs. 49,546 discount, for Income-tax Act, 1961 purposes.
SEBI mandates 23-day rights issue completion, automated bid validation, and specific investor allotment flexibility, effective April 7, 2025.
SEBI and NISM introduce a certification exam on AML/CFT for securities market intermediaries, covering PMLA rules and related guidelines.
India amends rice export policy, limiting inspection certificate requirement to specific European nations for six months.