By: Admin | December 27, 2024Categories: GST Recent News | 4 Min Read Overview of the Issue The Goods and Services Tax (GST) authorities have issued show cause-cum-demand notices to…
DGFT Imposes Quantitative Restrictions on Low Ash Metallurgical Coke Imports
The Directorate General of Foreign Trade (DGFT), through Notification No. 44/2024-25 dated December 26, 2024, has introduced quantitative restrictions on the import of Low Ash Metallurgical Coke (ash content below…
Commerce Ministry Notifies Special Economic Zones (Fifth Amendment) Rules, 2024
By: Admin | December 27, 2024Categories: Notification and Circular | SEZ | 4 Min Read The Ministry of Commerce and Industry, Department of Commerce, has issued Notification No. K-43013(12)/1/2021-SEZ dated…
Dr. Arunish Chawla Takes Charge as Secretary, Department of Revenue
By: Admin | December 27, 2024Categories: Finance Ministry - Press Release | 4 Min Read Dr. Arunish Chawla, a senior Indian Administrative Service (IAS) officer, officially assumed the role of…
Tax Relief, Enhanced PLI, and Infra Focus Recommended for Budget 2025-26
By: Admin | December 26, 2024Categories: India's Economy | News | 4 Min Read Prime Minister Narendra Modi recently engaged with leading economists and experts to discuss recommendations for the…
Budget 2025: Economists and Industry Leaders Call for Income Tax Reforms and Economic Boost
By: Admin | December 26, 2024Categories: Income Tax News | News | 4 Min Read As the Union Budget 2025-26 approaches, economists and industry leaders are emphasizing the need for…
Assessee’s Commitment to File Default Period Returns: A Ground for Reinstating Cancelled GST Registration
By: Admin | December 26, 2024Categories: Important Pronouncements | 4 Min Read The Hon’ble Calcutta High Court, in Pranabesh Sarkar v. Superintendent, CGST & CX [WPA No. 14557 of 2024,…
Haryana Govt Notifies “The Haryana Goods and Services Tax (Amendment) Act, 2024”
By: Admin | December 26, 2024Categories: GST Recent News | 4 Min Read The Haryana Government, through Notification No. 203-2024/Ext. dated December 17, 2024, officially notified the Haryana Goods and…
Bonafide Intent Must Be Proved When Property is Purchased from GST Defaulters
By: Admin | December 26, 2024Categories: Important Pronouncements | 4 Min Read The Hon’ble Madras High Court in S. Geetha v. State Tax Officer, Madurai Rural (West) [W.P. (MD) No.…
Govt Aims to Improve Quality Spending, Cut Fiscal Deficit to 4.5% in FY26: Finmin Report
By: Admin | December 26, 2024Categories: Finance Ministry News | 4 Min Read The government is committed to improving the quality of public expenditure, strengthening social security, and achieving fiscal…