The Ministry of Finance has exempted specific income of the Karnataka Building and Other Construction Worker Welfare Board from income tax for the years 2026-2031 subject to certain conditions.
The Indian government has amended the Minimum Export Price (MEP) for natural honey, lowering it from US2000toUS1400 per metric ton.
A summary of India’s Promotion and Regulation of Online Gaming Act, 2025, which prohibits online money games and establishes a regulatory authority.
UIDAI issues new regulations for Aadhaar, including rules for deactivating Aadhaar numbers with mixed biometrics and establishing a process for handling deceased cardholders’ records.
The 56th GST Council Meeting will be held in New Delhi on September 3rd and 4th, 2025, with a preceding officers’ meeting on September 2nd.
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.
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.
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 Rules 1962. This change, effective August 21, 2025, revises Rule 21AIA, omitting sub-rule (4) and redefining specified fund for consistency.
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.
