CBDT approves Gitarthganga, Ahmedabad for tax deduction under Section 35 for Social Science research, applicable from AY 2026–27 to AY 2030–31.
DGFT allows import clearance without warehousing if authorisation is issued after shipment but before customs clearance, except for restricted or STE items.
CBIC notifies acceptance of e-Certificate of Origin (e-CoO) from Mauritius under CECPA from 1 June 2025 for preferential tariff benefits via e-Sanchit.
Govt retains 12% GST on mango pulp; no proposal sent for reduction. Support to mango farmers continues through MIDH scheme with subsidies and assistance.
Crypto not yet regulated in India; FIU monitors VASPs under PMLA. 1% TDS applies to VDAs. RBI issues advisories on crypto risks; no formal awareness drive.
ICSI advises continued MGT-8 certification on letterhead with UDIN for Form MGT-7 filing under MCA V3, pending MCAs clarification on new integration.
India continues anti-dumping duty on Aniline imports from China PR for five years to prevent injury to domestic industry. Duty rates vary by exporter and origin.
Govt exempts customs duty on polo horses for army, police, and eligible civilian players under new rules effective 19 July 2025, with quantity and time limits.
GST registration is mandatory above set turnover limits, regardless of payment mode. Traders advised to comply and seek guidance from tax offices if notified.
Finance Ministry updates special courts under Benami Act; Raipur and Jaipur court designations revised in July 2025 notification for effective adjudication.
