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ICAI Launches MEF 2025-26 Empanelment Form

September 6, 2025 42426 Views 3 comments Print

Institute of Chartered Accountants of India’s Professional Development Committee has released the Multipurpose Empanelment Form for 2025-26. The deadline for submission is September 26, 2025.

DGFT Allows Amendments to Unused Import Permits

September 3, 2025 1488 Views 0 comment Print

DGFT Public Notice amends the Handbook of Procedures, 2023, allowing for corrections to unutilized and untransferred Duty-Free Import Authorizations (DFIAs) for ease of business.

 FSSAI Notifies Two New Referral Labs

August 29, 2025 459 Views 0 comment Print

FSSAI adds NIPER Hyderabad and NFSU Gandhinagar to its list of designated Referral Food Laboratories, expanding food safety testing capabilities.

WHO Urges Higher Taxes on Sugary Drinks, Alcohol

August 26, 2025 534 Views 0 comment Print

This summary explains that the World Health Organization (WHO) is urging countries to raise taxes on sugary drinks, alcohol, and tobacco to improve public health.

Indian Apple Import Duty and WTO Regulations

August 26, 2025 978 Views 0 comment Print

A summary of India’s import duty on apples. It clarifies that the customs duty is 50% as per WTO-bound rates, and it has not been recently increased.

GST Collection from Different Income Groups in India

August 26, 2025 789 Views 0 comment Print

An overview of the Indian government’s GST collection data and policy. It clarifies that GST data is not maintained by income groups and explains the tax’s structure.

India’s ITR Filers Rise to 8.56 crore in FY 2024-25

August 26, 2025 3246 Views 0 comment Print

An overview of ITR filing statistics in India from FY 2019-20 to 2024-25, and a summary of government policies implemented to expand the tax base.

Kanpur Development Authority Gets Income Tax Exemption

August 21, 2025 570 Views 0 comment Print

The Ministry of Finance has exempted the Kanpur Development Authority from income tax under Section 10(46A) of the Income-tax Act, 1961, effective from AY 2024-25.

RTI Appeals Dismissed: IBBI Says Requests Sought Explanations, Not Information

August 14, 2025 504 Views 0 comment Print

A First Appellate Authority order from the Insolvency and Bankruptcy Board of India addresses two RTI appeals. The order discusses the definition of ‘information’ under the RTI Act and highlights the misuse of the RTI mechanism.

Request to Extend ITR and Tax Audit Due Dates

August 14, 2025 81888 Views 3 comments Print

The Gujarat Chamber of Commerce requests an extension for ITR and Tax Audit due dates, citing delays in form utilities and technical issues on the portal.

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