Customs
Notification No. 52/2025-Customs (N.T.) dated 29.08.2025
CBIC issued Notification No. 52/2025-Customs (N.T.) dated 29.08.2025 regarding Fixation of Tariff Value of Edible Oils, BrassScrap, Areca Nut, Gold and Silver
India plans outreach in 40 countries to boost textiles exports amid US tariff blow
India is planning dedicated outreach programmes in 40 countries, including the UK, Japan, and South Korea, to push textiles exports amid a 50 per cent tariff imposed by the US on Indian products, an official said on Wednesday.
GST
GSTN is taking downtime to enhance its services on the GST Portal on 30.08.2025 from 01:00 AM onwards until 7:00 am of 30.08.2025.
Flipkart Faces Tax Scrutiny Over Alleged GST Billing Loophole
Ecommerce major Flipkart has come under a preliminary tax probe over allegations that the Walmart-owned online marketplace has tweaked its billing practices to reduce its goods and services (GST) tax liability, according to a report published by Mint.
Income tax
Notification no. 1/2025 dated 27.08.2025- Order-Income tax
CBDT, Principal Chief Commissioner of Income Tax (Exemptions), New Delhi, issued notification no. 1/2025 dated 27.08.2025 to accord approval to M/s IIT Madras Research Park for Scientific Research for the purpose u/s 35(1)(iia) of Income tax Act r.w. 5F of the Income tax Rules 1962
Webinar
Webinar : Presumptive Taxation u/s 44B, 44BB, 44BBA, 44BBB, 44AD, 44ADA & 44AE
Webinar on 30th Aug 25 at 3 pm by Mr. Ganesamoorthi V on topic Presumptive taxation
Book: 27% discount for limited time
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