Press Release

As per MoF, the Government has achieved 79.5% of its FY 2025-26 receipts and spent 74.3% of its budget by Jan 2026, indicating steady fiscal performance.

Fiscal Performance Update: Government Receipts and Expenditure For FY 2025-26

Judgement

The AAR ruled that transportation of segregated municipal waste for Howrah Municipal Corporation qualifies for GST exemption under Serial No. 3 of Notification No. 12/2017.

Solid Waste Transport Services to Howrah Municipal Corporation Held GST-Exempt

CBIC has introduced a deferred Customs Duty payment facility for Eligible Manufacturers, allowing manufacturers to clear imports without paying duty upfront.

CBIC Introduces Eligible Manufacturer Importers Scheme to Strengthen Trusted Importers Framework

The Tribunal accepted his explanation, noting that the amount was invested out of the income earned by the assessee in Dubai, which was invested in property.

ITAT Ahmedabad Deletes Rs 56 Lakh Addition in NRI Property Investment Case

Taxpayer Bound by Self-Assessment; Higher Tax Rate Under Section 115BBE Upheld

Voluntary Disclosure of Income Cannot Be Retracted Without Proof of Coercion: High Court

CA Found Liable for Gross Negligence in Certifying Statutory Forms for Shell Companies

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Fiscal Performance Update: Government Receipts and Expenditure For FY 2025-26

Solid Waste Transport Services to Howrah Municipal Corporation Held GST-Exempt

CBIC Introduces Eligible Manufacturer Importers Scheme to Strengthen Trusted Importers Framework

ITAT Ahmedabad Deletes Rs 56 Lakh Addition in NRI Property Investment Case

Voluntary Disclosure of Income Cannot Be Retracted Without Proof of Coercion: High Court

ICAI Disciplinary Committee Holds Chartered Accountant Guilty of Professional Misconduct