Mukesh Ambani Received ₹0 Salary in FY25: But how much Did the Reliance Chairman Really Earn?
Reliance Industries Ltd. (RIL) Chairman and Managing Director Mukesh Ambani has once again chosen to forgo his salary, allowances, perquisites,...
![ADGCEI Lacks Authority to Issue SCN in Customs Case Without Clear Territorial Jurisdiction: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/09/250x150_2074710-adgcei-lacks-authority-adgcei-lacks-authority-to-issue-scn-taxscan.webp "ADGCEI Lacks Authority to Issue SCN in Customs Case Without Clear Territorial Jurisdiction: Madras HC [Read Order]")
![Centre Notifies Income Tax Exemption for Uttarakhand Pollution Control Board from AY 2025-26 Onwards [Read Notification]](https://images.taxscan.in/h-upload/2025/08/08/250x150_2074563-centre-notifies-income-tax-exemption-uttarakhand-pollution-control-board-taxscan.webp "Centre Notifies Income Tax Exemption for Uttarakhand Pollution Control Board from AY 2025-26 Onwards [Read Notification]")
![Finance Ministry Appoints Solomon Arokiaraj as Ex-Officio Member of International Financial Service Centres Authority [Read Notification]](https://images.taxscan.in/h-upload/2025/08/08/250x150_2074517-solomon-arokiaraj.webp "Finance Ministry Appoints Solomon Arokiaraj as Ex-Officio Member of International Financial Service Centres Authority [Read Notification]")
RBI Issues Directions for Co-Lending Arrangements Between Banks and NBFCs to Streamline Joint Lending Practices [Read Notification]
The Reserve Bank of India (RBI) has issued Notification No. RBI/DOR/2025-26/139, DOR.STR.REC.44/13.07.010/2025-26 dated August 6, 2025, announcing a comprehensive framework for Co-Lending...
![RBI Issues Directions for Co-Lending Arrangements Between Banks and NBFCs to Streamline Joint Lending Practices [Read Notification]](https://images.taxscan.in/h-upload/2025/08/08/500x300_2074448-rbi-issues-nbfcs-bank-taxscan.webp "RBI Issues Directions for Co-Lending Arrangements Between Banks and NBFCs to Streamline Joint Lending Practices [Read Notification]")
Relief for Indian Oil: CESTAT Holds No Service Tax Payable on Reimbursable Expenses Incurred for CISF Security Services [Read Order]
The Chandigarh Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has ruled that Indian Oil Corporation Ltd. (IOCL) is not liable to pay service tax on reimbursable expenses...
![Relief for Indian Oil: CESTAT Holds No Service Tax Payable on Reimbursable Expenses Incurred for CISF Security Services [Read Order]](https://images.taxscan.in/h-upload/2025/08/08/500x300_2074463-relief-for-indian-oil-indian-oil-cestat-taxscan.webp "Relief for Indian Oil: CESTAT Holds No Service Tax Payable on Reimbursable Expenses Incurred for CISF Security Services [Read Order]")
Relief for Suzuki: CESTAT Rules Excess Transit Insurance Charges Collected Excluded from Assessable Value, Not Liable to Excise Duty [Read Order]
The Chandigarh Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that excess transit insurance charges collected by Suzuki Motorcycle India Pvt. Ltd. from its dealers...
![Relief for Suzuki: CESTAT Rules Excess Transit Insurance Charges Collected Excluded from Assessable Value, Not Liable to Excise Duty [Read Order]](https://images.taxscan.in/h-upload/2025/08/08/500x300_2074436-relief-for-suzuki-cestat-cestat-rules-taxscan.webp "Relief for Suzuki: CESTAT Rules Excess Transit Insurance Charges Collected Excluded from Assessable Value, Not Liable to Excise Duty [Read Order]")
![RBI Issues Comprehensive Directions for Non-Fund Based Credit Facilities [Read Notification]](https://images.taxscan.in/h-upload/2025/08/08/500x300_2074401-rbi-rbi-directive-agency-banks-government-transactions-rbi-directive-sunday-banking-taxscan.webp "RBI Issues Comprehensive Directions for Non-Fund Based Credit Facilities [Read Notification]")
33 CMA Support Centres Lose ICMAI Affiliation for Failing to Admit Students Under 2022 Syllabus [Read Notification]
The Institute of Cost Accountants of India (ICMAI) announced that its Training and Educational Facilities Committee has revoked the affiliation of 33 CMA Support Centres after they failed to admit,...
![33 CMA Support Centres Lose ICMAI Affiliation for Failing to Admit Students Under 2022 Syllabus [Read Notification]](https://images.taxscan.in/h-upload/2025/08/08/500x300_2074402-students-under-2022-syllabus-icmai-cma-taxscan.webp "33 CMA Support Centres Lose ICMAI Affiliation for Failing to Admit Students Under 2022 Syllabus [Read Notification]")
SEBI Introduces Joint Annual Inspection Framework to Enhance Ease of Doing Business for Market Intermediaries [Read Circular]
The Securities and Exchange Board of India (SEBI) issued circular no. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/113, dated August 7, 2025, introducing the Joint Annual Inspection Framework to streamline the...
![SEBI Introduces Joint Annual Inspection Framework to Enhance Ease of Doing Business for Market Intermediaries [Read Circular]](https://images.taxscan.in/h-upload/2025/08/08/500x300_2074399-sebi-taxscan.webp "SEBI Introduces Joint Annual Inspection Framework to Enhance Ease of Doing Business for Market Intermediaries [Read Circular]")