Articles

Pankaj Chaudhary said the government is introducing reforms in the Finance Bill 2026 to speed up income-tax dispute resolution.

121690 Income Tax Dispute pending in courts during last 3 years

News

The company's spokesperson said that Flipkart conducts detailed reviews every year to evaluate its employees' performance during the year.

Flipkart Asks Around 300 Employees to Exit After Its Annual Performance Review

The Government clarifies that there is no separate GST slab for ultra-processed foods (UPFs) and foods high in fat, sugar, or salt (HFSS); all food products fall under chapters 1 to 21 of HSN.

All Food Products Classified under Chapters 1 to 21 of HSN: No Separate GST Slab for UPFs and HFSS Foods

Public Sector Banks collected Rs 8,092.83 crore in minimum balance penalties from FY 2022‑23 to 2024‑25, says sitharaman.

Rs 8,092 Crore Collected as Minimum Balance Penalties by Public-Sector Banks

Judgement

ITAT held funtionally different company not comparable to a battery manufacturer; excise exemption claim remanded.

ITAT: Functionally Different Company Cannot Be Treated Comparable In Transfer Pricing

The IT Dept has detected large-scale sales suppression in the restaurant sector and launched the Saksham NUDGE campaign, urging 63,000 restaurants to update their tax returns before March 31, 2026.

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121690 Income Tax Dispute pending in courts during last 3 years

Flipkart Asks Around 300 Employees to Exit After Its Annual Performance Review

All Food Products Classified under Chapters 1 to 21 of HSN: No Separate GST Slab for UPFs and HFSS Foods

Rs 8,092 Crore Collected as Minimum Balance Penalties by Public-Sector Banks

ITAT: Functionally Different Company Cannot Be Treated Comparable In Transfer Pricing

CBDT Urges 63,000 Restaurants to Update Returns Before March 31 under ‘Saksham NUDGE’ Campaign