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April 25, 2025 Uncategorized 0

Amendments in the notification of the Government of India in the Ministry of Finance

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsNotification No. 28/2025-CUSTOMS (N.T.)New Delhi, 23rd April, 202503 Vaishakh, 1947 (SA

April 22, 2025 Uncategorized 0

Amendment to guidelines issued vide Circular No.38/2020 dated 21.08.2020-reg

Goverment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsNorth Block, New DelhiDated the 21st April,2025<

April 22, 2025 Uncategorized 0

Preliminary Findings of Anti-Dumping Investigation on Imports of Non-Alloy and Alloy Steel Flat Products under Customs Tariff Act, 1975

Government of India Ministry of Finance (Department of Revenue) Notification No. 01/2025-Customs (SG) New Delhi, the 21st April, 2025

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CBDT Notifies Fresh Guidelines for Compulsory Scrutiny of Income Tax Returns for FY 2025-26 June 14, 2025
The Central Board of Direct Taxes (CBDT) has issued comprehensive guidelines for the compulsory selection of income tax returns (ITRs) for complete scrutiny during Financial Year 2025-26. ...
CBDT Issues Notices Over Crypto Tax Evasion: Section 115BBH Violations Under Scanner June 14, 2025
The Central Board of Direct Taxes (CBDT) has intensified its scrutiny of cryptocurrency-linked tax evasion and income laundering, with a new data-driven initiative targeting individuals and entities engaged in Virtual Digital Asset (VDA) transactions...
No MDR on UPI Transactions: Finance Ministry Dismisses Media Reports as Baseless and Misleading June 14, 2025
The Union Finance Ministry has strongly denied reports suggesting that the government is planning to impose a Merchant Discount Rate (MDR) on large-value Unified Payments Interface (UPI) transactions...
Iron Trader Arrested for Rs 26 Crore GST Fraud Involving 10 Fake Firms June 14, 2025
The State Goods and Services Tax (SGST) department has arrested a 32-year-old iron trader from Raipur for orchestrating a massive fake input tax credit (ITC) scam, leading to a loss of Rs 26 crore to the exchequer....
Air India Crash: Tata Group's Rs 1 Crore Ex-Gratia Payment Likely Exempt from Income Tax June 13, 2025
Tata Group offers Rs 1 crore compensation per victim's family after AI171 crash. Tax-exempt ex-gratia under Indian law. Nation mourns 242 lives lost....
RBI Issues Revised Guidelines for Inoperative Accounts and Unclaimed Bank Deposits June 13, 2025
The Reserve Bank of India (RBI) has issued the Revised Instructions (Amendment), 2025 under the Inoperative Accounts/ Unclaimed Deposits in Banks guidelines....
FM Leads FSDC Meeting to Push for Refund of Unclaimed Deposits and Simplified KYC Norms June 13, 2025
Union Finance Minister exhorts FSDC to further take proactive steps for seamless KYC processes across the financial sector to enhance user experience...
CBDT Notifies Zero-Coupon Bond Issued by NABARD Worth Rs 19,500 Crore for Income Tax Purposes June 13, 2025
CBDT has officially notified a zero-coupon bond issued by the National Bank for Agriculture and Rural Development (NABARD) under clause (48) of Section 2 of the Income-tax Act, 1961....
SPL-01/SPL-02 Filing Glitch: GSTN Issues Advisory for Taxpayers June 13, 2025
Taxpayers filing amnesty applications via Form SPL-01/SPL-02 under Section 128A of the CGST Act are facing glitches on the GST Portal in auto-populating payment details. GSTN advises uploading payment proof manually for officer verification....
GSTN Issues Clarification on HSN Table 12 for B2C Supplies in GSTR-1 Filing June 12, 2025
The Goods and Services Tax Network (GSTN) has issued an important clarification addressing challenges faced by taxpayers while filing GSTR-1 returns when they have only B2C supplies and are required to fill Table 12 (HSN Summary). The Clarification w...

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Category: Uncategorized

Amendments in the notification of the Government of India in the Ministry of Finance

Amendment to guidelines issued vide Circular No.38/2020 dated 21.08.2020-reg

Preliminary Findings of Anti-Dumping Investigation on Imports of Non-Alloy and Alloy Steel Flat Products under Customs Tariff Act, 1975

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