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SEBI Proposes to Offer Incentives for Senior Citizens, Women & Armed Forces Investors: Check for Details Here

Avinash Kurungot

The Securities and Exchange Board of India ( SEBI ) has released a consultation paper proposing amendments to the SEBI (Issue and Listing of...

CA, MBA Vacancy in Adani

Income from Freight Trading, Discounts, and Reimbursements Not Taxable as Service: CESTAT [Read...

Business Slowdown was Genuine Reason for Non Filing of Return: Madras HC Quashes GST Registration...

Unsigned SCN and DRC-01A Nullify Signed GST Final Order, Rules Jharkhand HC [Read Order]

Advance Tax Deadline for FY 2025-26 Falls on June 15, Mandatory for those with Tax due Over Rs. 10,000

Attention readers, at 11:04 AM today, the Income Tax Department, through its Twitter handle, reminded taxpayers that the deadline for the first instalment of advance tax for the financial year...

Garbage Tax: Bengaluru Collects ₹350 Crore in Just Two Months

The Bruhat Bengaluru Mahanagara Palike (BBMP) has collected ₹350 crore in garbage tax within the first two months of the financial year, nearly half of the projected annual revenue of ₹700 crore....

Madhya Pradesh Govt Notifies Deemed Assessment Scheme for VAT and Fuel Cess Cases for FY 2023–24 [Read Notification]

The Madhya Pradesh Government issued Notification No. 141 dated 3rd June 2025, introducing a Deemed Assessment Scheme for the financial year 2023–24. This scheme covers pending assessments under...

Delhi HC upholds Income Addition deleted by CIT(A) based on True Disclosure by Asseessee [Read Order]

In a recent case, the Delhi High Court upheld the income addition deleted by CIT(A) based on true disclosure by assessee. It was found that there was no failure on the part of the Assessee in...

Income Tax, GST & Corporate Filings – Compliance Calendar for June 2025

As the financial year progresses, staying compliant with statutory and regulatory obligations becomes crucial for businesses of all sizes. Timely filings not only help avoid interest, penalties, and...

Non-Disclosure of Related Party Transactions in Board Report violates S. 134(3)(h): MCA Imposes ₹4 Lakh Penalty [Read Order]

The Ministry of Corporate Affairs ( MCA ) has imposed a monetary penalty of ₹4,00,000 on BI Minning (India) Private Limited and its directors in default for failing to disclose particulars of related...

RBI Reports 6% Rise in India’s Total Exports, Reaching All-Time High of $824.9 Billion

India has recorded a historic high in its trade performance, and overall exports reached a record US$824.9 billion during the financial year 2024-25, as per the latest statistics published by the...