Despite GST on hotel rooms under Rs 7,500 dropping from 18% to 5%, travellers report little change in bills. OTAs and FHRAI warn that the removal of ITC prevents cost savings from reaching consumers
The Income Tax Department plans a nudge campaign targeting landowners under joint development agreements (JDAs) who have not paid capital gains tax.
Gujarat High Court seeks explanation from CBDT on why the ITR filing deadline for FY 2024-25 was not extended, even after the tax audit report deadline was postponed to October 31, 2025. Further hearing scheduled for October 6.
Thane GST authorities arrest Chandan Lakhara, proprietor of Moon Trader, for tax evasion of Rs 17.48 crore. The businessman allegedly claimed bogus Input Tax Credit of Rs 8.74 crore, causing massive revenue loss.
The National Consumer Helpline has received 3,981 GST 2.0-related calls, with 69% being grievances. Key issues include milk pricing, electronic goods, LPG, and petrol. Nearly 2,000 cases have been forwarded to CBIC.
The Finance Ministry has notified that Section 25 of the PFRDA Act, 2013 will not apply to financial products, services, or institutions in IFSCs.
Shri Rajesh Agrawal, IAS (1994 Batch), has assumed charge as Secretary, Department of Commerce, Ministry of Commerce and Industry, in New Delhi
CBIC is actively participating in Special Campaign 5.0 (Oct 2–31, 2025) with a focus on e-waste disposal, file review, grievance redressal, and workplace cleanliness.
The CBIC has extended the deadline under the Sea Cargo Manifest and Transshipment Regulations, 2018 to December 31, 2025, through its latest amendment.
RBI relaxes trade compliance rules: MTT forex outlay extended to 6 months; simplified closure of small-value export & import bills for easier compliance.
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