![CBDT Increases Exemption Limit to ₹20 Lakh for Undisclosed Foreign Assets [Read Instruction]](https://images.taxscan.in/h-upload/2025/08/23/2079911-non-corporate-entity-1.webp "CBDT Increases Exemption Limit to ₹20 Lakh for Undisclosed Foreign Assets [Read Instruction]")
CBDT Increases Exemption Limit to ₹20 Lakh for Undisclosed Foreign Assets [Read Instruction]
The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, issued Instruction No. 01/2025 on 18th August 2025, announcing major relief...
![Central Govt publishes Final Findings in Anti-Dumping Investigation of Liquid Epoxy Resin Imports [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/2079754-resin-imports-taxscan.webp "Central Govt publishes Final Findings in Anti-Dumping Investigation of Liquid Epoxy Resin Imports [Read Order]")
![CBDT Amends Rule 21AIA of Income Tax Rules: ETF Specified Fund Explanation Revised, Sub-Rule Omitted [Read Notification]](https://images.taxscan.in/h-upload/2025/08/22/2079208-2078208-cbdt-salary-income-tax-rules-taxscan.webp "CBDT Amends Rule 21AIA of Income Tax Rules: ETF Specified Fund Explanation Revised, Sub-Rule Omitted [Read Notification]")
![[BREAKING] New Income Tax Bill receives President’s Assent, Act will officially come into force from This Date](https://images.taxscan.in/h-upload/2025/08/21/2079073-income-tax-bill-income-tax-bill-2025-taxscan.webp "[BREAKING] New Income Tax Bill receives President’s Assent, Act will officially come into force from This Date")
![Ministry of Finance appoints Anuradha Thakur as Alternate Governor on Board of Governors for AfDB [Read Notification]](https://images.taxscan.in/h-upload/2025/08/21/2078956-anuradha-thakur-afdb.webp "Ministry of Finance appoints Anuradha Thakur as Alternate Governor on Board of Governors for AfDB [Read Notification]")
CBDT amends Instruction: No Prosecution Under Black Money Act where Penalty Provisions do not Apply [Read Instruction]
The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, issued Instruction No. 01/2025 on 18th August 2025. This new instruction changes its earlier guidelines about when ...
![CBDT amends Instruction: No Prosecution Under Black Money Act where Penalty Provisions do not Apply [Read Instruction]](https://images.taxscan.in/h-upload/2025/08/21/2078955-black-money-act.webp "CBDT amends Instruction: No Prosecution Under Black Money Act where Penalty Provisions do not Apply [Read Instruction]")
![Govt Exempts Customs Duty and AIDC on Cotton Imports for a Limited Period [Read Notification]](https://images.taxscan.in/h-upload/2025/08/19/2078196-govt-exempts-customs-duty-customs-duty-taxscan.webp "Govt Exempts Customs Duty and AIDC on Cotton Imports for a Limited Period [Read Notification]")
Without Acknowledgement or Returned Cover from Customs Dept, Assessee’s Statement on Date of Receipt of Order Prevails: Madras HC [Read Order]
The Madras High Court has ruled that in the absence of acknowledgement or returned cover evidencing service of the customs adjudication order by the customs dept, the assessee’s statement regarding...
![Without Acknowledgement or Returned Cover from Customs Dept, Assessee’s Statement on Date of Receipt of Order Prevails: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/2078046-without-acknowledgement-or-returned-cover-from-customs-dept-taxscan.webp "Without Acknowledgement or Returned Cover from Customs Dept, Assessee’s Statement on Date of Receipt of Order Prevails: Madras HC [Read Order]")
Major GST Cuts by Diwali! PM Modi Announces Sweeping Tax Reforms during 79th Indian Independence Day Address
On India’s 79th Independence Day, Prime Minister Narendra Modi delivered a landmark 103-Minute address from the premises of the Red Fort addressing various administrative reforms that are in line...
