The GST Council deferred a decision on reducing GST on health and life insurance premiums in its 55th meeting as GoM sought more time for recommendations.
1,386 GST evasion cases involving ₹6,454 crore and 72 arrests recorded in Punjab (2017-2024). Learn about government actions to curb GST evasion.
Corporate tax collections rose to 3.1% of GDP in FY 2023-24. Learn about tax rate reductions since 2019 and revenue foregone of ₹1.09 lakh crore in FY 2022-23.
Details on tax incentives for corporates, revenue loss since 2020, monitoring mechanisms, emerging sector benefits, and job creation impact.
Out of 3.94 crore valid ITRs for AY 2024-25, refunds were processed for 3.68 crore. Reasons for delays include invalid bank details and pending verifications.
MCA21 portal saw 80.26 lakh form filings between April 2024 and January 2025, showcasing improved security, user experience, and stakeholder engagement.
IBBI Disciplinary Committee reviews the case of Insolvency Professional Anil Kumar Mittal for excessive fees during CIRP proceedings of M/s Divineseair Logistics.
IBBI releases Phase 9 syllabus for Limited Insolvency Examination. Applicable from May 5, 2025, details available on the IBBI website.
CBDT authorizes data sharing with DFPD to identify PMGKAY beneficiaries. MoU to govern data confidentiality, transfer mode, and timelines.
DGFT revises wastage norms and SION for jewellery exports under Handbook of Procedures, 2023. Updates include gold, silver, and platinum manufacturing details.
