Webinar: How to Reply ASMT-10, DRC-01 & DRC-07
onlinetaxupdate is conducting a webinar on 6th, 7th & 8th February, 2025 on topic ‘How to reply ASMT-10, DRC-01 & DRC-07
Month: January 2025
DGFT Notif. 55/2024-25 dt 29.01.2025
Directorate General of Foreign Trade (DGFT) issued Notification No. 55/2024-25 dated 29.01.2025 regarding amendment in Import Policy covered under CTH 890690…
DGFT – Policy Circular No. 11/2024-25 dated 21.01.2025
DGFT issued Policy Circular no. 11/2024-25 dated 21.01.2025 regarding EPCG Scheme – Relief in Average EO in terms of the para 5.17(a) of Hand Book of Procedures (HBP) of FTP, 2023.
DGFT Trade Notice 27/2024-25 dt 29.01.2025
DGFT issued Trade Notice 27/2024-25 dated 29.01.2025 regarding Introduction of online module for filing Annual RoDTEP Return (ARR).
Union Budget 2025 | Reduction in GST for agrochemical sector will make such products more acceptable, says Vimal Kumar, MD, Best Agrolife Ltd
“The 18 per cent GST on agrochemicals makes quality crop protection expensive for farmers. Reducing it to 5 per cent would make these products more accessible, boosting productivity and profitability. Additionally, India’s reliance on imports highlights the need for Production-Linked Incentive (PLI) benefits to encourage local manufacturing,” Vimal Kumar, Managing Director, Best Agrolife Ltd said.
Three customs and central excise officials convicted in bribery case by special CBI court in Haryana
The special CBI court for Haryana in Panchkula on Wednesday convicted three officials of the Customs and Central Excise Department after they were found guilty in a case of bribery registered against them.
Min, auto cos seek GST cut for CNG vehicles
Ahead of the budget, the ministry of heavy industries and auto companies have made a fresh pitch for concessions for CNG vehicles, once seen as a symbol of cleaner transport. One of the key demands is to slash GST on these vehicles from the current 28%, with auto industry representatives demanding that it should be comparable with electric vehicles, which attracts a 5% levy.
Honda joins Hero and Bajaj in calling for lower GST rate on two-wheelers
Honda Motorcycle and Scooter India, the country’s second-largest two-wheeler manufacturer in terms of volume, has called for a reduction in the Goods and Services Tax (GST) rate on two-wheelers to make them more affordable.
Budget 2025: What mutual fund industry expects from finance minister?
The mutual fund industry has presented its wishlist for Union Budget 2025-26, which includes proposals for earlier tax rates on capital gains, restoration of long-term indexation benefit for debt mutual funds, and mutual funds should be allowed to launch pension-oriented MF schemes (MFLRS) with uniform tax treatment as NPS.