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
Regulatory Update
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
GST Registration Grievance Redressal: New System to Speed Up Process
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
Dabur’s ‘100% Fruit Juice’ Claim 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
Arvind Shrivastava Takes Charge as New Revenue Secretary
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 First Games GST Notice: Subsidiary to Contest Rs. 5,712 Crore Demand
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
