Finance Ministry confirmed in the Lok Sabha that a GST rate of 18% is applicable on User Development Fees collected by airline operators on behalf of airports.
DGFT has amended its HBP 2023 to expand the scope of the General Authorisation for Export of Chemicals & Related Equipment (GAEC) to additional countries.
CBIC appoints Principal Commissioner of Customs, ICD Tughlakabad, as common adjudicating authority for multiple customs show cause notices against Angus Dundee India Pvt. Ltd.
The RBI has released draft Master Directions for Co-operative Banks, replacing old norms with new business authorization criteria and rules for operations.
ICAI Disciplinary Committee reprimands CA. Jayaraman Dindigul Viswanathan for professional misconduct in issuing an unverified certificate, leading to revenue loss.
The IFSCA has released guidelines clarifying eligibility criteria for Key Managerial Personnel (KMPs) in Fund Management Entities (FMEs) under new regulations, addressing experience and qualification requirements.
ICAI has established three new branches of its Central India Regional Council in Rajasthan, covering Nagaur, Churu, and Jhunjhunu districts effective July 1, 2025.
Andhra Pradesh Building and Other Construction Workers Welfare Board is exempt from income tax on specific income, including cess and fees, effective retrospectively from FY 2018-19.
SEBI takes action against a newspaper ad promoting illegal dabba trading, issuing warnings to media and investors, and involving cyber police.
GSTAT benches face delays due to legal challenges and amendments. Interim measures include relaxed ITC limits, reduced appeal pre-deposits, and an amnesty scheme
