By: AdminFebruary 12, 2025Categories: DGFT | Notification and Circular4 Min Read The Directorate General of Foreign Trade (DGFT) has released Trade Notice No. 30/2024-2025 on February 12, 2025. This notice…
Delhi High Court: CBIC Not Obligated to Issue GST Clarifications
By: Admin | Date: February 10, 2025 | Category: Important Pronouncements | Reading Time: 4 Min The Delhi High Court recently dismissed a writ petition filed by the Association of…
New Income Tax Bill 2025: Key Changes, Impact, and What to Expect
Introduction Union Finance Minister Nirmala Sitharaman will present the New Income Tax Bill 2025 in the Lok Sabha today. This long-awaited reform aims to replace the 60-year-old Income Tax Act…
February 2025 Tax Calendar: Key Compliance Deadlines to Watch
By: AdminFebruary 04, 2025Categories: Income Tax News | News4 Min Read Staying on top of tax compliance deadlines is crucial for individuals and businesses in India. Missing key dates can…
Tax Cuts to Boost Discretionary Spending, Especially Among Salaried Individuals: Report
By: AdminFebruary 05, 2025Categories: Tax News4 Min Read Government Balances Fiscal Consolidation with Consumption Growth The Union Budget 2025-26 prioritizes fiscal consolidation while introducing tax cuts to boost discretionary spending,…
Finance Ministry Issues Advisory Against AI Tools at Workplace Over Confidentiality Risks
February 2025 Government Cautions Against AI Usage The Finance Ministry has issued a strict advisory to all government officials, warning them against using AI-powered tools like ChatGPT, DeepSeek, and others…
Royalty is Not a Tax but a Contractual Payment
By: AdminFebruary 05, 2025Categories: Important Pronouncements4 Min Read Overview The Hon’ble Chhattisgarh High Court, in the case of Mahesh Sharma v. Union of India [WPT No. 151 of 2024], reaffirmed…
Schemes for Cheap Credit, Factoring Services, Trade Barrier Assistance for MSMEs Being Framed: DGFT
By: AdminFebruary 06, 2025Categories: MSME | News4 Min Read The government is preparing targeted schemes to provide MSME exporters with enhanced access to cheap credit, factoring services, and assistance in…
[BIG NEWS] New Income Tax Bill Likely to Be Approved by Cabinet Tomorrow: Key Details
By: AdminFebruary 06, 2025Categories: New Income Tax Act4 Min Read The Union Cabinet plans to approve the much-anticipated New Income Tax Bill on Friday, paving the way for its introduction…
Budget 2025: Insurtech Startups Demand Tax Relief, GST Cut & Digital Infrastructure Boost
By: AdminJanuary 29, 2025Categories: GST, Recent News4 Min Read Insurtech Startups Advocate for Policy Reforms With the Union Budget 2025 approaching, Insurtech startups are pushing for key reforms to improve…