CESTAT Delhi held that penalty under section 117 of the Customs Act, 1962 rightly imposed on courier agency for lack of due diligence since red sandalwood was mis-declared as copper wire in export ...

The GSTAT is the new single forum for central and state GST appeals. Learn about its function, staggered filing deadlines for backlog appeals, and role in advance ...

Ministry of Finance releases FAQs on tax treatment under Unified Pension Scheme (UPS), outlining deductions, exemptions, and retirement withdrawal ...

SEBI provided informal guidance to Equitymaster, confirming the ₹1,51,000 per annum fee cap for Research Analysts applies to all individual/HUF clients from January 8, 2025. RAs had until June 30, ...

RBI releases directions on digital payment authentication, mandating two-factor security, risk checks, and cross-border transaction safeguards by April ...

The Ministry of Coal hails the GST Council's reform, which removes the ₹400/ tonne Compensation Cess and raises the GST rate to 18%. This lowers the overall tax burden on coal, cuts power generation ...

The Department of Posts circular details key clarifications on the Unified Pension Scheme (UPS), including a one-time switch option, gratuity, tax exemptions, and a migration deadline extension to ...

GST rate cuts on textiles (5%), handicrafts, coir, and industrial goods will benefit Tamil Nadu. Consumers save 6–11%, while ...

Ministry of Finance Notification No. 40/2025-Customs amends the 50/2017 notification, extending the expiry dates for provisions under S. Nos. 598, 601, 602, and 603 from 2025 to 2027. Changes are ...

GST on budget hotels (5%) and buses (18%) cut to increase affordability and promote public transport. Tax on cultural goods also drops to 5% to aid ...

NCLAT Delhi held that demand made by the EPFO on the basis of an inspection report made after initiation of moratorium is not enforceable as Section 14(1) of the IBC prohibits the initiation or ...

Madras High Court held that MEIS would clearly qualify as an instrument u/s. 28AAA of the Customs Act bestowing financial or fiscal benefits, however, only Director General of Foreign Trade [DGFT] is ...