GST on secondment of Employees in pursuance of SC order in case of NOS
OTU is conducting a Webinar on Secondment of Employee in pursuance of SC Order in case of NOS’ on 05.07.2025 at 4PM
A. Amendment
DGFT-Public Notice No. 12/2025-26 dated 25.06.2025
DGFT issued Public Notice No. 12/2025-26 dated 25.06.2025 regarding Amendment in details of an authorized agency enlisted under Appendix 2E of FTP, 2023 Agency authorized to issue Certificate of Origin (Non Preferential)
Corrigendum to Notification No. 18/2025-26 dated 17.06.2025
DGFT issued Corrigendum to Notification No. 18/2025-26 dated 17.06.2025 on amendment in Import Policy of specific items covered under Chapter 71 of ITC (HS) 2022 of Schedule –I (Import Policy)
Notification no. 69/2025 dated 25.06.2025- Income tax
CBDT issued notification no. 69/2025 dated 25.06.2025 whereby the Central Government notifies that all the provisions of said Agreement and Protocol, as annexed hereto, shall be given effect to in the Union of India.
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B. Tax in Media
GST Council set to discuss reducing items in 12% slab
The agenda for the Goods and Services Tax (GST) Council at its next meeting will include deliberations on minimising the 12% tax slab and also finalising the tax treatment on service intermediaries, which could provide the sector relief worth thousands of crores, according to informed sources.
56th GST Council Meeting: Slabs, cess and simplification – Here’s what to expect
The 56th Goods and Services Tax (GST) Council meeting, postponed from its original June schedule due to a packed agenda. With the Monsoon Session of the Parliament looming, the Council is expected to meet and address long-pending demands from industry and state governments.
Maha Cabinet clears draft GST (Amendment) Bill to be tabled during monsoon session
Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, on Tuesday, gave its approval for the draft bill to amend the Maharashtra Goods and Services Tax Act, 2017 and its introduction in the upcoming monsoon session of the legislature.
Tata Steel has received a demand cum show cause notice from CGST & Central Excise of Jamshedpur, Jharkhand. The notice pertains to the irregular availing of Rs 890.52 crore of Input Tax Credit for the period FY19 through FY21.
In a major relief to taxpayers who missed the ITR filing deadline due to genuine hardships, the Income Tax Department has extended the time limit for processing belated returns filed under condonation of delay, ensuring that eligible individuals can now receive refunds previously held up due to procedural lapses.
EPF interest for FY25 fixed at 8.25%: Check how much will be credited to your account & when
The central government has confirmed an interest rate of 8.25% on Employees’ Provident Fund (EPF) deposits for the fiscal year 2024-25. This rate matches the previous year’s figure, which was set against a substantial income of Rs 1.07 lakh crore on a principal corpus of Rs 13 lakh crore.
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