By: Admin Date: January 25, 2025 Category: TAX News Reading Time: 4 Min Supreme Court Intervention The Supreme Court on Friday stayed a Delhi High Court order exempting Mauritius-based private…
ATF Likely to Be Included in GST Soon, Says Union Minister Hardeep Singh Puri
By: Admin Date: January 25, 2025 Category: GST Recent News Reading Time: 4 Min Announcement on GST Inclusion Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri, announced that…
Filing of Bills of Entry (BE) Unavailable from 11:00 AM on February 1, 2025, for ICES Updates Post-Budget
The Directorate General of Systems and Data Management (CBIC) issued Advisory No. 07/2025 on January 24, 2025. The advisory details important updates to the Indian Customs EDI System (ICES) following…
Mumbai Man Sentenced to 2.5 Years in US Prison for Customs Duty Evasion on ₹116.55 Crore Jewellery
Introduction: A Serious Sentence for Customs Duty Evasion Monishkumar Kirankumar Doshi Shah, a Mumbai-based businessman, was sentenced to 30 months in a US federal prison for evading customs duties on…
Supreme Court Dismisses PIL to Scrap TDS System, Calls It “Badly Drafted”
Introduction: Supreme Court Rejects PIL Against TDS System On Friday, January 25, 2025, the Supreme Court of India dismissed a Public Interest Litigation (PIL) seeking to abolish the Tax Deducted…
GSTN Issues Advisory on Business Continuity for e-Invoice and e-Waybill Systems
By: AdminDate: January 24, 2025Categories: GST Portal Updates | Important NewsReading Time: 4 Min Introduction to the Advisory The Goods and Services Tax Network (GSTN) has released Advisory No. 575,…
Budget 2025: Survey Highlights Income Tax Reforms and Growth-Driven Policies
By: AdminDate: January 24, 2025Categories: Tax NewsReading Time: 4 Min Introduction to the Survey Findings Smallcase has unveiled its Managers Budget 2025-26 Survey Report, which gathers insights from over 100…
Budget Expectations 2025: Corporate Tax Concession Scheme May Return at 18%
By: AdminDate: January 24, 2025Categories: Tax NewsReading Time: 4 Min Corporate Tax Concession Scheme Likely to Return The upcoming Union Budget for 2025-26 may reintroduce a corporate tax concession scheme…
CBIC Waives Late Fees for FORM GSTR-9C Filing for FY 2017-18 to 2022-23
By Admin | January 23, 2025 | Categories: 55th GST Council | 4 Min Read The Central Board of Indirect Taxes and Customs (CBIC) has provided relief to taxpayers by…
CBIC Notifies Amendment in Rule 19(1) of CGST Rules to Include FORM GST CMP-02
By Admin | January 23, 2025 | Categories: 55th GST Council | 4 Min Read The Central Board of Indirect Taxes and Customs (CBIC) has amended Rule 19(1) of the…