Articles

The GST 2.0 reforms target key sectors hit by global tariffs, proposing lower tax rates on textiles, fertilizers and food items to ease industry stress and reduce consumer costs.

GST 2.0 Reforms: Relief for Textiles, Fertilizers And Education Sectors Ahead of 56th Council Meet

The Ministry of Finance has enabled a one-time, one-way option for Central Government employees under the UPS to switch to the NPS subject to condition.

Government Notifies One-Time Switch from UPS to NPS for Central Employees

News

As US tariffs double, India may see declining export earnings, market volatility, and renewed focus on trade diplomacy.

Shocking! US Strikes India and Brazil Amid Rising Global Tensions

Notifications

As part of the Atma Nirbhar Bharat, government extends tax relief to the Credit Guarantee Fund Trust for Animal Husbandry and Dairying under Section 10 of the Income Tax Act, 1961.

CBDT Notifies Specified Income Exemptions for the Credit Guarantee Fund Trust for Animal Husbandry

Judgement

ICAI Disciplinary Committee removes member’s name for 2 months and levies 50,000 penalty for failure to disclose related party transactions and certifying sham advances as genuine

ICAI Removes Member for 2 Months and Imposes Rs. 50,000 Fine for Professional Misconduct

The Indian Parliament passes Income Tax Act, 2025, aimed at simplifying and modernizing the country's direct tax regime.

Parliament Passes Income Tax Act 2025 to Replace Old Tax Law

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