By Aaerm Law Associates | May 31, 2025 The Ministry of Finance, Government of India, has released the provisional and unaudited accounts for the financial year 2024–25. These figures provide…
Ayush Export Promotion Council (AYUSHEXCIL) Authorized to Issue Non-Preferential Certificate of Origin Under FTP 2023
By Aaerm Law Associates | May 31, 2025 In a significant development for India’s AYUSH sector, the Directorate General of Foreign Trade (DGFT) has authorized the Ayush Export Promotion Council…
Central Government Launches Appraisal of Centrally Sponsored and Central Sector Schemes
By Aaerm Law Associates | May 31, 2025 The Government of India has launched the five-year appraisal and approval process for Centrally Sponsored Schemes (CSSs) and Central Sector Schemes (CSs).…
🚨 GST Crackdown on Global Capability Centres & MNCs: Industry Demands Immediate Clarity
By Aaerm Law Associates | May 31, 2025 India’s thriving Global Capability Centres (GCCs) and multinational corporations (MNCs) are facing an unexpected challenge. The Goods and Services Tax (GST) authorities…
UPI a Global Game-Changer, GST a Model of Trust – Rajnath Singh at CII Summit 2025
📅 By Aaerm Law Associates | May 30, 2025 At the Confederation of Indian Industry (CII) Annual Business Summit 2025, Defence Minister Rajnath Singh praised India’s digital and tax reforms.…
CBDT Issues Corrigendum to ITR-3 and ITR-5 Forms; Adds Sikkim to Schedule 80-IE for Section 80-IE Deductions
🗓️ Date: May 30, 2025 | ✍️ By: Aaerm Law Associates📢 Category: CBDT Notification – 2025 🔍 Overview of the Update The Central Board of Direct Taxes (CBDT) has released…
Samsung India Executives Seek to Quash $81 Million Tax Penalty Over Import Misclassification
By Aaerm Law Associates | May 30, 2025 | Tax Evasion – Income Tax In a major legal challenge, seven senior executives of Samsung India have approached the Mumbai High…
🚨 Attention Taxpayers: Excel Utility for ITR-1 and ITR-4 for AY 2025-26 Now Available
By Aaerm Law Associates | Ahmedabad, Gujarat | May 30, 2025 The Income Tax Department has released the Excel utility for Income Tax Returns (ITR) 1 and 4 for the…
🚨 Gujarat High Court Ruling: Reversal of Input Tax Credit (ITC) Beyond Prescribed Time Does Not Justify Fresh Demand Without Verification
In a significant judgment dated April 16, 2025, the Gujarat High Court addressed the issue of Input Tax Credit (ITC) reversal beyond the prescribed time under the Goods and Services…
Grievance Redressal Cell Established for GST Registration Issues in Delhi Zone
Published by: Aaerm Law Associates | May 27, 2025 Introduction: Delhi Zone Steps Up to Simplify GST Registration In a significant move to improve the GST registration process, the Office…