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EPFO Increases Ex Gratia Death Relief Fund for Employees to Rs. 15 Lakh

August 19, 2025 1305 Views 0 comment Print

The EPFO has raised its ex-gratia payment for deceased employees to Rs. 15 lakh, with an annual 5% increase effective April 1, 2026.

Promotion and Regulation of Online Gaming Bill, 2025 As introduced in Lok Sabha

August 19, 2025 714 Views 0 comment Print

The 2025 bill aims to promote e-sports and social gaming while prohibiting online money games due to their social and financial risks. It establishes a new regulatory authority.

Tamil Nadu Power Commission Gets Income Tax Exemption

August 19, 2025 654 Views 0 comment Print

CBDT has granted income tax exemption to Tamil Nadu Electricity Regulatory Commission for specific income types, effective from FY 2022-2023.

 India Extends Anti-Dumping Duty on China FKM

August 19, 2025 1074 Views 0 comment Print

The Ministry of Finance extends the anti-dumping duty on Fluoroelastomers (FKM) from China until February 26, 2026, following a review initiated in June 2025

India Extends Anti-Dumping Duty on TDI Imports

August 19, 2025 1275 Views 0 comment Print

The Ministry of Finance has extended the anti-dumping duty on Toluene Di-isocyanate (TDI) imports from the EU and Saudi Arabia until March 1, 2026.

DGFT Amends Diamond Import Authorization Policy

August 19, 2025 642 Views 0 comment Print

DGFT amends FTP rules for diamond import authorizations, allowing a CA certificate for ITR proof and removing GST and compensation cess exemptions.

Manipur Goods and Services Tax (Amendment) Act, 2025

August 18, 2025 531 Views 0 comment Print

A summary of the Manipur Goods and Services Tax (Amendment) Act, 2025, detailing key changes to tax provisions, including new sections and procedural modifications.

CBDT Amends Black Money Act, ₹20 Lakh Asset Exemption

August 18, 2025 8841 Views 1 comment Print

The CBDT has amended its instruction on the Black Money Act raising the exemption for prosecution to ₹20 lakh for certain foreign assets effective from October 1, 2024.

India Exempts Cotton Imports from Customs Duty

August 18, 2025 1341 Views 0 comment Print

The Ministry of Finance has temporarily exempted cotton imports from customs duty and AIDC. The exemption, effective from August 19 to September 30, 2025, is aimed at public interest.

CBIC Newsletter Highlights GST, Rankings and Tax Evasion

August 18, 2025 918 Views 0 comment Print

The CBIC Chairman’s August 2025 newsletter discusses upcoming GST reforms, the board’s top ranking in grievance redressal, and a recent tax evasion case involving subsidized urea.

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