The Ministry of Finance has invoked Section 23D of the RRB Act to dissolve multiple Regional Rural Banks following their merger into consolidated state-sponsored entities.
Govt amends customs notification to recognise electronic entries for postal exports, giving them parity with shipping bills under the Customs Act.
Government amends Duty Drawback Rules to recognise electronic entries for postal exports, easing compliance and claim timelines for exporters.
CBDT grants income tax exemption under Section 10(46) to West Bengal Construction Workers Welfare Board with retrospective effect from FY22.
FY27 Budget is unlikely to amend income tax law, with CBDT rules expected to shape taxpayer rights, compliance burden and the new tax regime.
STT collections are under pressure as F&O regulatory tightening and lower trading volumes raise the risk of missing Budget estimates this fiscal.
Ahead of Budget 2026, the Capital Gains Account Scheme faces renewed scrutiny over digital gaps, manual reporting and lack of integration with tax systems.
In a crucial tax ruling, the Supreme Court has held Tiger Global liable for capital gains tax on its Flipkart stake sale to Walmart.
CGST Delhi South Commissionerate arrested two persons for fraudulent availment of Rs 8.52 crore ITC using bogus invoices worth Rs 199.90 crore.
MCA’s fast-track demergers face tax hurdles as Income Tax Act denies neutrality, exposing firms and shareholders to higher tax and pushing restructurings back to NCLT.
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