ITR Processed, but Didn’t Receive Refund Yet? Here’s What You Should Do
Many taxpayers are experiencing confusion this year as their Income Tax Return (ITR) status shows ‘processed’, yet no refund has […]
IT Department Plans to Launch Nudge Campaign on Joint Development Agreements
The Income Tax Department is planning to initiate a drive to urge landowners who came into joint development agreements (JDAs)
IT Department releases updated ITR-5 and ITR-6 Utilities for AY 2025-26
The Income Tax Department has released the latest versions of Income Tax Return (ITR) utilities for Assessment Year (AY) 2025-26.
NITI Aayog Proposes widening of Presumptive Tax to boost FDI
In a significant move to accelerate foreign direct investment (FDI), NITI Aayog released a working paper on Friday proposing an
MCA Extends DIR-3 KYC Filing Deadline
The Ministry of Corporate Affairs (MCA) has extended the deadline for filing e-forms DIR-3 KYC and DIR-3 KYC-WEB without paying
Government May Amend E-commerce FDI Norms to Boost Exports by MSMEs
To encourage participation of MSMEs in global e-commerce exports, the Directorate General of Foreign Trade (DGFT) has proposed introducing an
FDI into India Hits 50-Month High in July
According to data released by the Reserve Bank of India (RBI) on Monday, Foreign Direct Investment (FDI) into the country
MCA’s New Advisory to Expedite LLP Incorporation Process and Reduce Delays
The Ministry of Corporate Affairs (MCA) has issued a new advisory for stakeholders filing applications for Limited Liability Partnership (LLP)
GSTN Streamlines Refund Filing Process for Various Categories
The Goods and Service Tax Network (GSTN), a non-profitable, non-government organization that regulates the entire IT system of the GST
CBDT Increases Scrutiny On Top Advance Tax Payers
The Central Board of Direct Taxes (CBDT)has directed income tax officials to strictly keep a watch on advance tax payers
Samsung Challenges $520 Million Tax Notice in India
Samsung, the leading South Korean Appliance & Consumer Electronics Producer, has urged an Indian tribunal to scrap a $520 million
Invoice-Wise Reporting in Form GSTR-7 on GST Portal Delayed: GSTN
The Goods and Services Tax Network (GSTN) has recently released a crucial advisory in which it has informed about the
Major Amendments in Payment Law to be effective from 09th May: Finance Ministry
In its recent notification, the Ministry of Finance has officially informed that the Sections 152 and 153 of the Finance
Gujarat: GST Collection Records All-Time High in FY 2024-25
In April 2025, Gujarat achieved a significant milestone in its Goods and Services Tax (GST) collection. The state records its
Delhi CM Urges for a Faceless GST System, highlighting Pending Dues
On Saturday, Delhi’s newly elected Chief Minister, Rekha Gupta, called for a more transparent and ‘faceless’ Goods and Services Tax
New Grievance Redressal System Introduced to Speed Up GST Registration
The Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance issued Instruction No. 04/2025-GST dated May
ICAI to evaluate One Nation One Election’s financial aspects
The Apex Body of Chartered Accountants, ICAI, will assess the financial aspects of the proposed ‘One Nation One Election’ reform
Attention Taxpayers! CBDT Notifies Amended Income Tax Act, 1961 Updated by Finance Act, 2025
The Central Board of Direct Taxes (CBDT) has released the updated version of the Income Tax Act 1961, encompassing amendments
CBDT Notifies New ITR-5 Form for AY 2025-26
The Central Board of Direct Taxes (CBDT) has officially notified that a revised Income Tax Return (ITR) Form 5 will
100% Fruit Juice’ claim by Dabur misleading, Food Regulator FSSAI tells court
The Food Safety and Standards Authority of India (FSSAI) has told the Delhi High Court that advertisement of fruit juices