Details on import duties, GST rates, and tax incentives for lifesaving medical devices in India. Learn about GST Council’s role and concessions offered by the government.
Revenue Department raises appeal limits for ITAT, High Court, and Supreme Court, benefiting over 10,000 cases in tax and customs, reducing litigation burden.
Government’s approach to addressing corporate misconduct, strengthening investor protection, and promoting financial literacy through various initiatives.
The updated return facility encourages voluntary tax compliance, allowing taxpayers to correct income omissions. Proposal to extend filing limit to 4 years underway.
CBDT notifies Income Tax (Sixth Amendment) Rules, 2025, introducing safe harbour rules for assessment year 2025-26. Full details of amendment provided.
Hinges (Quality Control) Order 2025 mandates Indian Standards compliance for hinges, with exemptions for exports and R&D. Effective from Gazette publication.
DGGI blocks 357 illegal gaming websites, freezes Rs. 126 crore across 2,400 accounts, and cautions public against offshore online money gaming platforms.
CGST Delhi East Campaign assists over 2,000 traders, generates 100+ GST registrations, and spreads awareness through students and outreach programs.
CCI investigated 35 cartels, signed MoUs with global regulators, introduced ‘Lesser Penalty Plus,’ and conducted 1,446 advocacy events in 5 years.
NPS Vatsalya Scheme, launched on 18th September 2024, is a contributory pension plan aimed at fostering a fully pensioned society. It enables parents or guardians to save for their minor dependents with a minimum annual contribution of ₹1,000 and no upper limit. Upon reaching adulthood, the minor’s account transitions seamlessly into a regular NPS account. […]