A. Amendment
DGFT-Public Notice No. 14/2025-26 dated 08.07.2025
DGFT issued Public Notice No. 14/2025-26 dated 08.07.2025 regarding Fixation of new SIONs at SION (A-3687, A-3688 and A-3689 under ‘Chemical and Allied Product’ (Product Code ‘A’)
B. Tax in Media
Pharma companies may soon get GST relief shot on free drug samples
In a move that could bring significant relief to India’s pharmaceutical sector, the Goods and Services Tax (GST) Council is likely to consider a clarificatory relief on the availability of Input Tax Credit (ITC) on free drug samples provided by pharma companies to doctors and hospitals.
NRIs filing ITR in India should know these four income tax-related changes
The Income Tax Department has notified the income tax return (ITR) forms for FY 2024-25 (AY 2025-26). But, although software utilities for ITR-1 and ITR-4 have been released by the tax department, it still hasn’t rolled out the software utilities for ITR-2 and the other ITR forms. Non-Resident Individuals (NRIs) mainly use ITR-2 to file their tax returns.
When Mr Dwivedi sold his house in Lucknow to buy another one in Delhi back in 2013, he had no idea that his decision would lead to a series of nightmares that would haunt him for nearly 7 years. The first nightmare started when the original owner of the Delhi property passed away and his son contested the legal validity of the sale agreement that had been signed by his father and Dwivedi.
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