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CBDT notifies Income Tax Exemption for Haryana Pollution Board

August 1, 2025 924 Views 0 comment Print

 The Central Government has exempted specific incomes of the Haryana State Pollution Control Board from income tax, effective from the 2024-25 financial year, subject to certain conditions.

18% GST Fixed on Airline User Development Fees: Govt Clarifies

July 31, 2025 1185 Views 0 comment Print

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 Expands Export Authorization for Chemicals

July 30, 2025 861 Views 0 comment Print

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 Common Authority for Customs Notices

July 29, 2025 1131 Views 0 comment Print

CBIC appoints Principal Commissioner of Customs, ICD Tughlakabad, as common adjudicating authority for multiple customs show cause notices against Angus Dundee India Pvt. Ltd.

Draft RBI Business Authorization for Co-operative Banks (Directions), 2025

July 28, 2025 2685 Views 0 comment Print

The RBI has released draft Master Directions for Co-operative Banks, replacing old norms with new business authorization criteria and rules for operations.

CA Reprimanded by ICAI Disciplinary Committee for issuing unverified certificate

July 26, 2025 1056 Views 0 comment Print

ICAI Disciplinary Committee reprimands CA. Jayaraman Dindigul Viswanathan for professional misconduct in issuing an unverified certificate, leading to revenue loss.

IFSCA Issues KMP Eligibility Guidelines for FME Regulation

July 25, 2025 1239 Views 0 comment Print

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 Establishes New Branches in Rajasthan Districts

July 23, 2025 912 Views 0 comment Print

 ICAI has established three new branches of its Central India Regional Council in Rajasthan, covering Nagaur, Churu, and Jhunjhunu districts effective July 1, 2025.

AP Construction Workers Board Gets Income Tax Exemption

July 22, 2025 339 Views 0 comment Print

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 Acts on Illegal Dabba Trading Ad in Navbharat

July 21, 2025 858 Views 0 comment Print

SEBI takes action against a newspaper ad promoting illegal dabba trading, issuing warnings to media and investors, and involving cyber police.

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