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Chhattisgarh HC Dismisses Income Tax Appeal in View of Revised ₹2 Crore Monetary Limit, Following CBDT Circular

The Chhattisgarh High Court at Bilaspur dismissed the Income Tax Department’s appeal against individual taxpayer holding that the tax effect...

CBIC Elevates Four Officers to Chief Commissioner Grade [Read Notification]

GST Collections Hit ₹1.85 Lakh Crore in June, Up 6.2% YoY

CBDT Notifies Cost Inflation Index at 376 for New Financial Year, Applicable from April 1 [Read...

Finance Ministry Updates Customs Tariff Values for Palm Oil, Soya Bean Oil, Gold and Silver, and...

Govt Adds Air Canada to Customs Duty Exemption List Effective July 1, 2025

The Ministry of Finance issued Notification No. 32/2025-Customs dated 30 June 2025, granting customs duty exemptions to Air Canada under India’s existing import frameworks effective from 1 July...

Rs.50 Pure Silver Coin Unveiled to Mark Golden Year of Official Language Department

In a shining tribute to India’s linguistic legacy, the Central Government has officially issued a ₹50 pure silver commemorative coin to mark the Golden Year Celebration of the Official Language...

Centre Grants Income Tax Exemption to Food Safety and Standards Authority of India [Read Order]

The Ministry of Finance issued Notification No. 68/2025, dated June 24, 2025, granting income tax exemption to the Food Safety and StandardsAuthority of India (FSSAI) under Section 10(46A)(b) of the...

E-Filing Now Mandatory for Debt Recovery and Appellate Tribunals: Finance Ministry [Read Notification]

The Ministry of Finance (Department of Financial Services) issued Notification No. G.S.R. 403(E) dated June 23, 2025, announcing amendments to the Debts Recovery Tribunals and Debts Recovery...

Finance Ministry & RBI Hold Meeting on Scaling Up Credit Services via Unified Lending Interface

The Department of Financial Services (DFS), Ministry of Finance, convened a high-level meeting on June 23, 2025, in New Delhi to chart the next phase of the Unified Lending Interface (ULI)...

Government Extends Deadline to Opt for Unified Pension Scheme

The Ministry of Finance, Government of India, had notified the Unified Pension Scheme (UPS) for eligible Central Government employees through Notification No. F. No. FX-1/3/2024-PR dated 24th...

India Imposes Five-Year ADD on Linear Alkyl Benzene Imports from Iran and Qatar

The Ministry of Finance, Government of India, issued Notification No. 18/2025-Customs (ADD) dated June 23, 2025, announcing the imposition of anti-dumping duties on imports of Linear Alkyl Benzene...

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