GSTAT ruled that Raj & Company failed to pass on GST rate cut from 28% to 18% on cosmetics, profiteering ₹3.31 lakh.

CBDT amends Income-tax Rules 1962. This change, effective August 21, 2025, revises Rule 21AIA, omitting sub-rule (4) and redefining specified fund for ...

The Ministry of Finance has exempted the Kanpur Development Authority from income tax under Section 10(46A) of the Income-tax Act, 1961, effective from AY ...

The Ministry of Finance has exempted specific income of the Karnataka Building and Other Construction Worker Welfare Board from income tax for the years 2026-2031 subject to certain ...

SEBI has issued a consultation paper on introducing a Closing Auction Session (CAS) for equities to reduce volatility and align with global ...

The Indian government has amended the Minimum Export Price (MEP) for natural honey, lowering it from US2000toUS1400 per metric ...

Investigation findings are not binding on GST adjudicating authority, and to be decided through proper adjudication: Madhya Pradesh High ...

The ITAT Bangalore has deleted a ₹27 lakh addition to a wife's income, ruling it was double taxation as her husband had ...

NCLT Mumbai held that application under section 33(2) of the Insolvency and Bankruptcy Code by Reliance Capital Ltd. for ...

NCLT Kolkata held that the Corporate Debtor, Shomuk Consultancy Services Private Limited, is ordered to be liquidated in ...

No recovery of outstanding GST ( Goods and Services Tax ) demand could be made once a taxpayer deposited the statutory ...

NCLT Mumbai held that resolution plan of Corporate Debtor [Shivom Investment and Consultancy Limited] as submitted by ...