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CBDT Notifies Tax Exemption for Dairy Credit Trust

August 22, 2025 342 Views 0 comment Print

CBDT grants Section 10(46) tax exemption to Credit Guarantee Fund Trust for Animal Husbandry and Dairying on specified income, effective AY 2025–26 to 2029–30.

India Imposes Minimum Price on Paper Board Imports

August 22, 2025 2232 Views 0 comment Print

The Indian government has imposed a Minimum Import Price (MIP) of INR 67,220 per metric ton on specific virgin multi-layer paper board imports until March 31, 2026.

SEBI Warns Against Fraudulent FPI Trading Scams

August 22, 2025 642 Views 0 comment Print

SEBI advises Indian investors against fraudulent schemes on social media and apps that claim to offer stock market access through Foreign Portfolio Investors (FPIs).

SEBI Appoints Three New Executive Directors in Key Roles

August 22, 2025 876 Views 0 comment Print

SEBI announces appointments of Amit Pradhan, Avneesh Pandey, and Sanjay C. Purao as Executive Directors overseeing legal, technology, and investigation functions.

Kanpur Development Authority Gets Income Tax Exemption

August 21, 2025 546 Views 0 comment Print

The Ministry of Finance has exempted the Kanpur Development Authority from income tax under Section 10(46A) of the Income-tax Act, 1961, effective from AY 2024-25.

CBDT amends Income Tax Rule 21AIA (Relief when salary is paid in arrears or in advance)

August 21, 2025 1245 Views 0 comment Print

CBDT amends Income-tax Rules 1962. This change, effective August 21, 2025, revises Rule 21AIA, omitting sub-rule (4) and redefining specified fund for consistency.

Income-Tax Act, 2025 Receives President’s Assent; To Apply From April 1, 2026

August 21, 2025 17352 Views 0 comment Print

The official copy of the Income Tax Act, 2025, is now available. Download the full text to review new tax rates, compliance rules, and key amendments.

Taxation Laws (Amendment) Act, 2025

August 21, 2025 1404 Views 0 comment Print

Summary of the Taxation Laws (Amendment) Act, 2025, covering new tax exemptions for pension funds and foreign investors, and changes to tax assessment rules.

UIDAI Amends Aadhaar Information Sharing Rules

August 21, 2025 837 Views 0 comment Print

UIDAI modifies Aadhaar rules, allowing information sharing with birth registrars for child accounts and clarifying the process for deactivating deceased persons’ Aadhaar numbers.

Advisory on extension of GSTR-3B due date in few districts of Maharashtra State

August 21, 2025 1113 Views 0 comment Print

Due to heavy rains in Maharashtra, the GSTR-3B filing due date for July 2025 has been extended to August 27 for Mumbai, Thane, Raigad, and Palghar districts.

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