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Increase In Limit For Tax Appeals By Department of Revenue

March 26, 2025 5514 Views 0 comment Print

Revenue Department raises appeal limits for ITAT, High Court, and Supreme Court, benefiting over 10,000 cases in tax and customs, reducing litigation burden.

Allegations of Financial Misconduct and Bribery against Corporate Entities

March 26, 2025 1098 Views 0 comment Print

 Government’s approach to addressing corporate misconduct, strengthening investor protection, and promoting financial literacy through various initiatives.

Government Promotes Voluntary Tax Compliance Measures

March 26, 2025 813 Views 0 comment Print

The updated return facility encourages voluntary tax compliance, allowing taxpayers to correct income omissions. Proposal to extend filing limit to 4 years underway.

DGGI Cracks Down on Offshore Gaming Tax Evasion

March 26, 2025 1155 Views 0 comment Print

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 Hosts GST Registration Campaign 2025

March 26, 2025 576 Views 0 comment Print

CGST Delhi East Campaign assists over 2,000 traders, generates 100+ GST registrations, and spreads awareness through students and outreach programs.

CCI investigated 35 cartel cases in last five years

March 26, 2025 876 Views 0 comment Print

CCI investigated 35 cartels, signed MoUs with global regulators, introduced ‘Lesser Penalty Plus,’ and conducted 1,446 advocacy events in 5 years.

Objectives Of NPS Vatsalya Scheme

March 26, 2025 579 Views 0 comment Print

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. […]

CI Dismisses Anti-Competitive Allegations in Olympic-standard pool Tender

March 25, 2025 447 Views 0 comment Print

CCI dismissed allegations of anti-competitive practices in tender for an Olympic-standard pool in Maharashtra. Case highlights tender specifications and fair competition.

IFSCA Forms Committee to Boost GIFT-IFSC Insurance Hub

March 25, 2025 549 Views 0 comment Print

IFSCA forms Standing Committee on Insurance to enhance GIFT-IFSC’s insurance ecosystem. Focuses on regulation, stakeholder engagement, and global competitiveness.

Mandatory Use of Baanknet (formerly eBKray) Auction Platform for Liquidation

March 25, 2025 801 Views 0 comment Print

IBBI mandates Baanknet for asset auctions during liquidation from April 2025. Prospective bidders must submit documents and EMD via the platform.

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