New GST rules mandate valuation of specified goods on declared retail sale price, simplifying assessment while tightening compliance from February 2026.
The notification mandates GST valuation based on declared retail sale price for specified pan masala and tobacco products from February 2026.
The Government has imposed provisional anti-dumping duty on metallurgical coke imports after finding dumping and material injury to domestic producers, with duties varying by country of origin.
A fresh notification substitutes tariff value tables for key imports including palm oil and precious metals. The move standardises valuation benchmarks effective January 2026.
The notification grants statutory approval for scientific research under section 35, enabling tax deductions for eligible donations.
The government has extended the existing anti-dumping duty on specific PET resin imports from China during a sunset review. The measure ensures continued protection for domestic producers until a final decision is taken.
Explore why some national currencies stay strong in 2025, driven by trade surpluses, oil wealth, currency pegs, low inflation, and central bank reserve strategies.
Eligible demat accounts must be treated as BSDA by default without active investor consent for regular accounts. The measure prioritizes cost efficiency and investor convenience.
Authorities confirmed dumping and material injury to the domestic industry. The ruling introduces producer-wise duties for five years to offset unfair pricing.
Bogus Donation Claims Detected—Opportunity Given to Fix Returns: Analytics spotted questionable donation deductions and other exemptions. Taxpayers can revise returns to regularize claims and reduce follow-up enquiries.
