ITAT Ahmedabad restores an NRI's appeal delayed by 621 days after finding that the CIT(A) sent notices to the wrong email address. Tribunal flags faceless appeal lapses.
Delhi Police arrested a 27-year-old accountant for generating fake GST invoices worth Rs 11 crore and fraudulently claiming nearly Rs 2 crore in GST refunds. Investigation ongoing.
Delhi Police arrested five men running a fake police and bogus IT squad behind a 1 kg gold heist. In a separate action, police busted a phone-snatching racket linked to an international smuggling network.
FM Nirmala Sitharaman says the Modi government has made history by cutting both direct and indirect taxes in the same year, an unprecedented step in independent India.
FM Nirmala Sitharaman says customs reform is the government's next big focus after GST and income tax overhaul. Rupee slide, inflation, and RBI's upgraded GDP forecast also discussed.
CGST Ludhiana uncovers a Rs 54-crore GST fraud at a Mandi Gobindgarh iron and steel firm. Fake invoices worth Rs 300 crore detected; key person arrested. Probe ongoing.
India has extended the countervailing duty on Textured Tempered Glass imported from Malaysia until June 8, 2026. The move follows DGTR's sunset review to assess continued injury to domestic industry.
ICAI has announced that the Income-tax Act, 2025 will be applicable in CA Intermediate, Final, and Self-Paced Module exams from May 2027. Students must prepare as per the new tax law for attempts after March 2027.
The Ministry of Civil Aviation issues strict directives to IndiGo to clear all pending refunds, cap airfares, and protect passengers amid operational disruptions. Full details on refunds, fare regulation and passenger support.
RBI has cut the repo rate by 25 bps to 5.25% in the December 2025 MPC meeting, citing easing inflation and stable growth. The SDF stands at 5.00% and MSF/Bank Rate at 5.50%.
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