The Finance Minister Nirmala Sitharaman unveiled the Union Budget 2025 on February 1st, 2025, at 11:00 AM in Parliament, marking her 8th consecutive budget under the Modi Government 3.0. One…
The Central Board of Direct Taxes (CBDT) has released the Income Tax related Frequently Asked Questions (FAQs), pertaining to the Union Budget 2025-2026 presented by the Finance Minister Nirmala Sitharaman…
The Mumbai Bench of Income Tax Appellate Tribunal(ITAT) ruled that the funds received from lease premiums and rent collected on behalf of the Government of Maharashtra are not taxable in…
Top Stories Case Digest on Rulings Related to Customs Duty Exemptions At their core, customs duty exemptions balance the interests of the government, businesses, and consumers by reducing costs for…
Top Stories GSTN Issues Advisory on Biometric-Based Aadhaar Authentication for GST Registration Applicants in Tamil Nadu and Himachal Pradesh This updated process, combining both biometric authentication and document verification, aims…
In the recent order of adjudication passed by the Ministry of Corporate Affairs ( MCA ) Registrar of Companies, a penalty was imposed on a private limited company and its…
In the recent order of adjudication passed by the Ministry of Corporate Affairs ( MCA ) Registrar of Companies, a penalty of Rs. 4 lakhs was imposed on a private…
Top Stories Pre-SCN Reply must be considered before Issuing GST SCN: Calcutta HC quashes Notice [Read Order] The court found that the show-cause notice is a replica of the intimation…
The Goods and Services Tax Network (GSTN) has issued an advisory clarifying that the hard locking of the auto populated values in Goods and Services Tax (GST) Return GSTR-3B will…
The Union Budget is a vital document that outlines the government’s economic blueprint and development strategy for the upcoming financial year. Over the decades, Budget speeches have transformed to mirror…