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The Central Board of Indirect Taxes and Customs (CBIC) organised an interactive session with representatives of Trade Associations, Chambers of Commerce, Exporters, Importers, Custodians, Customs Brokers, Logistics Service Providers, at New Custom House, Mumbai.
As part of its ongoing enforcement drive against fraudulent ITC claims, the Anti-Evasion Branch of the Central Goods & Services Tax (CGST), Delhi South Commissionerate, has unearthed another significant case of tax evasion and has arrested a Director of a private limited company engaged in trading of electronic goods for fraudulent availment of Input Tax Credit (ITC) amounting to ₹6.53 crore through bogus invoices of ₹36.28 crore.
The United States of America (United States) and India are pleased to announce that they have reached a framework for an Interim Agreement regarding reciprocal and mutually beneficial trade (Interim Ag..
Recommendations by FIEO on Union Budget 2026
Central Board of Direct Taxes issued Press Release on 23.12.2025 on subject “Initiative to encourage taxpayers to voluntarily review deduction/exemption claims identified as potentially ineligible through risk analytics”
Under the 2nd NUDGE initiative, CBDT will send SMSs and emails from 28th November 2025 to identified taxpayers with advice to voluntarily review and revise their returns on or before 31st December 2025 to avoid penal consequences
Union Minister of State (Independent Charge) for Law and Justice and Minister of State for Parliamentary Affairs Shri Arjun Ram Meghwal says India’s rank of fourth in economy has substantial contribution of ITAT
Reserve Bank of India (RBI) issued Trade Relief Measures on 14.11.2025 whereby following measures with a view to mitigate the impact of trade disruptions on exports arising on account of global headwinds has been taken
GST rate rationalisation provides a timely boost to these sectors, reducing tax burdens and improving income opportunities for farmers, artisans and entrepreneurs across the state.
The Employees’ Provident Fund Organisation (EPFO) has launched revamped Electronic Challan-cum-Return (ECR) system, which is applicable starting wage month September 2025.