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February 1, 2025 Uncategorized 0

Amend notification No. 16/2017-Customs, dated the 20th April, 2017 so to exempt certain drugs for supply under Patient Assistance Programme run by specified pharmaceutical companies

GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Revenue)Notification No. 09/2025-CustomsNew Delhi, the 1st February

February 1, 2025 Uncategorized 0

Amend notification No. 22/2022-Customs, dated the 30th April, 2022.

GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Revenue)Notification No. 08/2025-CustomsNew Delhi, the 1st February

February 1, 2025 Uncategorized 0

Exempt the import duty on goods which are being rationalized in the tariff

GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Revenue)Notification No. 04/2025–CustomsNew Delhi, the 1st Fe

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CBDT Notifies ITR Forms 1 and 4 for AY 2025-26 April 30, 2025
CBDT has notified the Income-tax (Twelfth Amendment) Rules, 2025 through Notification No. 40/2025, dated April 29, 2025, amending the Income-tax Rules, 1962. The revised ITR-1 and ITR-4 forms are now applicable for AY 2025-26....
FM Nirmala Sitharaman Targets 1 Billion UPI Transactions Per Day Within 2-3 Years April 30, 2025
Union Finance Minister Nirmala Sitharaman has set an ambitious roadmap for India's digital payments ecosystem, emphasizing the need to achieve one billion Unified Payments Interface (UPI) transactions per day within the next two to three years. ...
Customs Issues Instruction to Close Attari Integrated Check Post for All Movements Amid Security Alert April 29, 2025
Govt of India has ordered the closure of the Integrated Check Post (ICP) at Attari on the India-Pakistan border in Punjab, with immediate effect, following a terrorist attack on tourists at Pahalgam on April 22, 2025....
Ministry of Finance Revises Authorized Banks for Customs Duty Collection April 29, 2025
The Ministry of Finance (Department of Revenue) has issued Notification No. 24/2025-Customs, introducing key amendments to the long-standing Notification No. 50/2017-Customs, originally dated June 30, 2017. ...
CBDT Sets Aggressive Rs 2.4 Lakh Crore Target to Unearth Black Money in FY 2025-26 April 29, 2025
In a bold move to curb black money and strengthen the formal economy, the CBDT has unveiled an aggressive action plan for the fiscal year 2025-26....
Commercial Taxes Inspector Arrested for Rs 20 Lakh Bribe in Paan Masala Smuggling April 28, 2025
In a major crackdown on corruption, the Lokayukta police arrested a commercial taxes department inspector, Nijanandamurthy M.R., for allegedly accepting a ₹20 lakh bribe to facilitate the illegal transportation of paan masala consignments into Bengal...
RBI Revises FEMA Compounding Rules: Penalty Capped at Rs 2 Lakh April 28, 2025
RBI has introduced a key amendment to its compounding framework under the Foreign Exchange Management Act (FEMA), 1999. As per A.P. (DIR Series) Circular No. 04/2025-26...
Faceless IT Scheme Sabotage: CBI Arrests Senior IRS Officer, Private Individual April 26, 2025
CBI arrests two accused including an IRS Officer and a private person on allegations of involvement in sabotaging the Faceless Scheme of Income Tax Assessment...
Direct Tax Collections Rise 13.57% in FY 2024-25 April 26, 2025
Direct tax collections for the financial year 2024-25 have recorded a significant upswing, with net collections reaching Rs 22.26 lakh crore as of March 31, 2025, according to provisional data released by CBDT...
CBIC Assigns Customs Authorities to Adjudicate High-Profile Show Cause Notices Involving Top Companies April 26, 2025
CBIC has issued Notification No. 29/2025-Customs (N.T.) dated 24th April 2025, delegating adjudication powers to various commissioners within the Mumbai Customs Zones I to III....

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Category: Uncategorized

Amend notification No. 16/2017-Customs, dated the 20th April, 2017 so to exempt certain drugs for supply under Patient Assistance Programme run by specified pharmaceutical companies

Amend notification No. 22/2022-Customs, dated the 30th April, 2022.

Exempt the import duty on goods which are being rationalized in the tariff

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