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CID which has lodged investigations about financial irregularities is expected to examine department officials, including former chief secretary Somesh Kumar.

Chief Secretary Somesh Kumar under CID Scanner for Rs.1,400 Crore GST Evasion

ICDS were issued by the Government of India in the exercise of powers conferred to it under section 145(2) of The Income Tax Act, 1961.

Draft Disclosures of ICDS for AY 2024-25

The Finance Ministry issued new regulations on Thursday for handling compounding applications under the Foreign Exchange Management Act (FEMA).

Finance Ministry notifies New Rules for Compounding Applications under FEMA

Several CGST officials in Bengaluru have allegedly engaged in extortion in violation of the law, as per media reports.

CBIC suspended Officials for alleged Involvement in Extortion

A tax audit is an assessment of accounts for income tax purposes to guarantee accuracy. This Article contains various relevant certifications in relation to the Tax Audit.

Draft of other Relevant Certificates in Relation to Tax Audit

The Union Finance Ministry released a series of circulars providing relief to the car industry, advertising companies that serve overseas clients, data hosting service providers, and goods exporters.

Finance Ministry approves Deductions of GST on Demo Vehicles to Dealers

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