New Revenue Secretary Takes Charge
Arvind Shrivastava took charge as the Secretary of the Department of Revenue, Ministry of Finance, on May 1, 2025. On […]
Karnataka High Court Upholds Sales Tax on Set-Top Boxes
In a crucial verdict, the Karnataka High Court has upheld the imposition of sales tax on set-top boxes (STBs) provided
India Records Highest ever GST Collection
In April, the Goods and Services Tax (GST) collection witnessed a 12.6 per cent year-on-year record rise and reached an
Phase-3 HSN Code Reporting in Table 12 from May 2025: GSTN Issues Advisory
The Goods and Services Tax Network (GSTN) has recently announced the implementation of Phase 3 for reporting Harmonized System of
Paytm’s Gaming Subsidiary to Legally Contest Rs. 5,712 Crore GST Notice
One97 Communications Ltd (OCL), the parent company of digital payments platform Paytm, has recently disclosed that its gaming subsidiary, First
Changes in ITR Forms: Govt notifies Forms 1 & 4 for Assessment Year (AY) 2025-26
The Government of India is continuously making efforts to simplify the taxation structure so that the taxpayers can easily navigate
Karnataka High Court Stays 50 Crore GST Demand
The Karnataka High Court has paused a ₹50 crore GST demand against Himesh Foods Private Limited over its chain of
EPFO Pension Scheme 2025: Many Attractive Benefits for Private Workers
The Employees’ Provident Fund Organisation (EPFO) has rolled out a major update to its pension structure in 2025, with the
India Aims for 1 Billion UPI Transactions Daily: FM Sitharaman’s Bold Vision
The Union Finance Minister Sitharaman Union Finance Minister Nirmala Sitharaman has set an ambitious target for India’s digital payments revolution—1
Tax Inspector had fixed monthly bribe for permitting illegal consignments of Pan Masala into Bengaluru
The Lokayukta Officials of Bengaluru district caught a Commercial Tax Inspector and his associate red-handed while allegedly taking a Rs
Direct Tax Collection Hits Target for 2024-25 Fiscal
India’s net direct tax collection for the financial year 2024-25 has exceeded expectations, with provisional figures showing a 13.57% increase,
Finance Ministry Includes 14C under PMLA for Information Sharing
To detect cases of money trail and tackle cyber frauds, the Government has authorised Indian Cyber Crime Coordination Centre (14C)
Paid Excess Property Tax? Adjust in Next FY
Since April 1, the Chandigarh Municipal Corporation has collected nearly $5 crore in property taxes, after the implementation of the
1% TCS Levied on Luxury Goods
The Income Tax Department has come up with a new rule related to Tax Collected at Source (TCS). The rule
RBI Directs Banks to adopt ‘.bank.in’ Domain for Safer Digital Transactions
The Reserve Bank of India (RBI) has issued a circular directing Indian Banks to shift their net banking facilities to
ANI summons OpenAI over Copyright Issue
The Delhi High Court continued hearing the copyright infringement case filed by Asian News International (ANI) against Open AI, focusing
Paying Taxes is Now Easier
The Income Tax Department has rolled out ‘e-Pay Tax’, a new digital feature that makes it simpler and faster for
Uttar Pradesh outpaces Delhi in new Company Registrations
In this rapidly growing corporate landscape in India, Uttar Pradesh (UP), the Northern State of the country has outpaced its
CBIC’s Fresh Guidelines to Prevent Harassment of GST Applicants
In its move to curb taxpayers’ harassment, the Central Board of Indirect Taxes and Customs (CBIC) has issued revised instructions
RBI Permits Minors above 10 to Operate Bank Accounts Independently
The Reserve Bank of India recently permitted banks to allow minors above the age of 10 years to open and