Discover the latest GST updates in the Invoice Management System (IMS). Learn about pending records, ITC adjustments, and ...

Circular No.13/2025 of 19th September 2025 issued by the Ministry of Finance's CBDT, (the Central Board of Direct Taxes). This circular provides taxpayers with relief regarding the waiver of interest ...

CBDT issues new SOPs on Joint Development Agreements. Learn how Section 45(5A) impacts capital gains, tax compliance, and ...

Renew 12AB & 80G registration on time to retain NGO tax exemptions, donor benefits, and credibility. Avoid risks, sustain ...

All Charitable and Religious Institutions registered under Section 12AB of the Income Tax Act must renew their registration ...

CBDT raises perquisite tax limits. Salaried employees earning up to Rs. 4L and gross income under Rs. 8L get major tax relief from FY 2025-26.

Exports of certain commodities may require special approval or license. SCOMET lists down a few such items. SCOMET is an acronym for Special Chemicals, Organisms, Materials, Equipment, and Technology ...

What is NBFC in Simple Terms? A Non-Banking Financial Company (NBFC) is akin to a banking company and engaged in the business of providing loans, accepting deposits (only certain NBFCs), leasing, hire ...

The Special Valuation Branch (SVB Custom) has been established to Investigate the Valuation of Goods Imported by an Indian party from its related foreign supplier. When the Indian importer imports ...