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CCI Order on WhatsApp-Meta Data Sharing: Status Update

February 12, 2025 771 Views 0 comment Print

CCI’s directive restricting WhatsApp data sharing for ads faces an interim stay by NCLAT. Government awaits legal resolution on data privacy concerns.

Import Duty & GST Exemptions on Life-Saving Drugs for Rare Diseases

February 12, 2025 2490 Views 0 comment Print

The government exempts import duties on specific life-saving drugs for rare diseases under set conditions. Learn about eligibility and exemption procedures.

Government’s Approach to Future GST Reforms in India

February 12, 2025 813 Views 0 comment Print

The government considers GST reforms based on GST Council recommendations. Recent changes include ITC extension, interest waivers, and compliance easing.

SEBI Launches MITRA to trace inactive and unclaimed Mutual Fund folios

February 12, 2025 2319 Views 0 comment Print

SEBI introduces MITRA, a platform to help investors trace inactive and unclaimed Mutual Fund folios, ensuring transparency and fraud prevention.

SEBI Seeks Public Input on Unclaimed Client Funds Policy

February 11, 2025 873 Views 0 comment Print

SEBI proposes a mechanism to manage unclaimed client funds and securities with Trading Members. Public comments invited until March 4, 2025.

CGST Section 61 Reply Doesn’t Bar Section 73 Tax Recovery: SC

February 11, 2025 2301 Views 0 comment Print

Supreme Court rejects SLP of Goverdhandham Estate against Rajasthan HC’s decision in GST dispute over ITC eligibility on elevators and ACs.

GST Amendment Rules 2024: Implementation Dates Announced

February 11, 2025 4809 Views 0 comment Print

The Ministry of Finance has notified the implementation dates for specific provisions of the GST Amendment Rules, 2024. Key rules take effect from Feb & Apr 2025.

Export Policy for raw Human hair amended from ‘Restricted’ to ‘Prohibited’

February 10, 2025 1815 Views 0 comment Print

The Indian government has amended the export policy of raw human hair, changing its status from ‘Restricted’ to ‘Prohibited,’ with exceptions for high-value exports.

Weekly Newsletter from CBIC Chairman dated 10th February, 2025

February 10, 2025 1113 Views 0 comment Print

CBIC detects Rs. 18.10 crore GST evasion in real estate and organizes a CPR training workshop for officers. Post-Budget discussions continue for tax clarity.

Income Tax Act: Bhaikaka University Approved for Research

February 10, 2025 714 Views 0 comment Print

Bhaikaka University, Gujarat, is approved for scientific research under Section 35(1)(ii) of the Income Tax Act, 1961, effective from AY 2025-26 to 2029-30.

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