Customs
CBI cracks down on ₹1,000-crore gold export fraud at Chennai airport, 5 customs officials booked
The Central Bureau of Investigation (CBI) has filed an FIR in connection with a large-scale gold export scam at Chennai Airport Cargo, a fraud operation that allegedly cost the Union government over ₹1,000 crore annually from 2020 to 2022.
DRI slaps Rs 102-crore penalty on Kannada actress Ranya Rao for gold smuggling activities
The Directorate of Revenue Intelligence (DRI) on Tuesday served a notice on Kannada actress Ranya Rao alias Harshavardhini Ranya, 33, for the payment of a Rs 102-crore penalty for allegedly smuggling an equivalent amount of gold into India from Dubai in 2024-2025.
GST
GSTN is taking downtime to enhance its services on the GST Portal on 03.09.2025 from 12:00 AM onwards until 6:00 am of 03.09.2025.
CBI arrests two in Rs 22 lakh bribery ‘reverse trap’ after GST officer’s complaint
In a rare case of a ‘reverse trap’, CBI has arrested two private individuals while they were offering and paying a bribe of Rs 22 lakh to a Superintendent of the GST Intelligence Directorate.
Online shoppers press pause button ahead of GST changes; festivities to boost sales: Analysis
The planned GST changes have prompted some e-shoppers to postpone purchase decisions in hopes of lower taxes on certain products like consumer goods and electronics, say analysis
GST: Karnataka CM Siddaramaiah bats for higher cess on tobacco products, luxe cars
Karnataka Chief Minister Siddaramaiah on Sunday urged the Centre to increase the cess on items such as cigarette, pan masala, gukta, and luxury cars and use it to compensate the states for the revenue shortfall arising from the proposed cut in GST rates reiterating his earlier demand.
GST sleuths bust electronics firm for Rs. 5 cr tax fraud
A Selaqui-based electronics goods manufacturer was found evading goods and services tax (GST) worth about Rs. 5 crore by forging transportation records and claiming incorrect input tax credit (ITC), tax officials said on Sunday,
Indian Beverage Association pitches for rationalisation of GST on aerated beverages
The Indian Beverage Association has urged the GST Council to reclassify aerated beverages as “food/merit” category and put them in 18 per cent GST slab.
Income tax
Notification no. 141/2025 dated 01.09.2025- Income tax
Central Board of Direct Taxes (CBDT) issued notification no. 141/2025 dated 01.09.2025 to amend the Income-tax Rules, 1962 in exercise of powers u/s 295 read with the fourth, fifth and sixth provisos and Explanation 3 to clause (23FE) of section 10 of the Income-tax Act, 1961 (43 of 1961),
Request for Extension of Due dates to file ITR and TAR for AY 2025-26
Mr. Munish Maheshwari & CA Mayur J Sondagar in his X (twitter) request for Extension of Due dates to file ITR and TAR for AY 2025-26
UP Confectioner Earning Rs 12,000 Per Month Gets Income Tax Notice For Rs 141 Crore, Case Filed
In a bizarre case of negligence, a small confectioner in Uttar Pradesh’s Bulandshahr district has been served an Income Tax notice of a massive Rs 141 crore, leaving his family shocked and distressed.
Book: Reporting under Form 3CD – A Ready Reckoner (for AY 2025-26)
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