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.
UIDAI modifies Aadhaar rules, allowing information sharing with birth registrars for child accounts and clarifying the process for deactivating deceased persons’ Aadhaar numbers.
IFSCA provides informal guidance to LGT Wealth, clarifying that a firm’s non-IFSC office can distribute IFSC products under a code of conduct.
The Central Board of Direct Taxes has amended the Income-tax Rules, 1962, via the Income-tax (Twenty-Third Amendment) Rules, 2025. This notification updates Form 10CCF for IFSC Insurance Offices.
The UIDAI has amended its regulations, introducing a new fee for entities that receive updates on the status of Aadhaar numbers. The rules also allow for fee waivers.
Himachal Pradesh launches a new scheme to resolve legacy tax disputes, offering a three-month window for taxpayers to settle pending demands and assessments.
Himachal Pradesh’s new scheme procedure details how taxpayers can resolve legacy tax disputes by filing a declaration and paying a settlement fee.
