Latest update 05.03.2025

A. Amendment

DGFT Notif. 60/2024-25 dt 05.03.2025

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DGFT issued Notification No. 60/2024-25 dated 05.03.2025 making amendment in the Import Policy and Policy condition of Platinum covered under HS Code 7110 of Chapter 71 of ITC (HS) 2022, Schedule – I (Import Policy)

B. Article

Activities to be Undertaken for GST Compliances of FY 2024-25 in March 2025

As the FY 2024-25 draws to a close, businesses must undertake several key activities to ensure GST compliance and a smooth transition to the new financial year.

C. Tax in media

GST – Rs.700 Crore GST Evasion Case: Jaipur’s Special Court Grants Bail To Ghasi Lal Chaudhary

The Special Economic Offence Court in Jaipur, Rajasthan, has granted bail to Ghasi Lal Chaudhary in connection with an alleged ₹700 crore Goods and Services Tax (GST) evasion case.

Income tax – E-commerce firm MSTC gets Rs.105.55-crore income tax demand

Government-owned e-commerce service provider MSTC Ltd on Friday (February 28) said it has received a ₹105.55-crore demand notice from the Income Tax Department under Section 156 of the Income Tax Act, 1961, for assessment year 2019-20.

Income tax – Your email and social media account can be accessed by income tax officers

Your email and social media account can be accessed by income tax officers starting financial year 2026-27 in these cases

State Excise – Liquor Shops Near Religious Places In Uttarakhand To Be Shut Under New Policy

The Uttarakhand government has approved a new excise policy for 2025-26 under which all liquor shops located near religious places in the state will be shut down.


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