India's net direct tax collections fell by 1.34% to ₹562,827 crore by July 10, 2025, despite a 3.17% rise in gross collections, primarily due to a 38.01% increase in ...

IFSCA invites comments on draft master circulars for capital market intermediaries in IFSC, streamlining regulations for registration, operations, and ...

CESTAT remands Finolex Industries' customs duty refund case, citing misapplication of Section 18(2) in provisional assessment finalization. Unjust enrichment ...

The Ministry of Finance has designated the Court of Principal District and Sessions Judge, North Goa, to handle PMLA cases across the entire State of ...

Allahabad High Court rules that GST notices sent to registered email are valid, affirming that failure to update contact details doesn't invalidate ...

Gujarat High Court rules no penalty can be levied on zero-rated supplies for e-way bill expiry if no tax is payable, reducing a 200% penalty to INR ...

Karnataka Taxpayers Association urges Finance Minister to revise GST turnover limits (₹40L/₹20L to ₹1Cr) due to inflation & ...

Explore statistics on financial literacy in India, its impact on youth debt, credit card misuse, and investment gaps, alongside recommendations for ...

Understand GST late fees under Section 47 of the CGST Act, including daily penalties, calculation, and impact on ITC. Learn about different return types and potential ...

ITAT Bangalore held that eligibility u/s. 80P should be assessed in the light of the relevant state cooperative law. Under Karnataka Cooperation Societies Act [KCSA], the presence of nominal and ...

The petitioner filed return of income for the Assessment Year 2013-14 on 28.04.2016. A notice dated 30.6.2021 was issued u/s. 148 of the Act under the provisions of the Taxation and Other Laws ...

Allahabad High Court dismisses a criminal revision challenging Deputy CM Keshav Prasad Maurya's educational degree, citing no cognizable offense or malice in the ...