News

The original penalty was RUB 20.09 million (Rs 24.50 million), which has been slashed to RUB 9.27 million (Rs 11.40 million).

Dr. Reddy's Russian Subsidiary Gets Major Relief as Penalty Reduced to Rs 11.40 Million

Notifications

India has activated its MoU with Japan to enable mutual assistance in tax recovery, effective July 8, 2025.

India Notifies MoU with Japan for Double Tax Avoidance Agreement

Judgement

High Court dismisses VAT appeals, holding statutory remedy before tribunal must be exhausted before invoking writ

HC Declines Interference in VAT Matters; Directs Appeal Before Tribunal

HC rules substitution in customs notification applies retrospectively; EPCG exemption is allowed.

EPCG Benefit Allowed: “Premises” Amendment Held Retrospective by HC

Due to fear and anxiety, the doctor broke his fixed deposit of Rs 34 lakh and sent the money to the fraudsters' accounts.

CA Among 4 Held for Cheating Retired Doctor of Rs 34 Lakh in "Digital Arrest" Scam

Articles

India’s direct tax collections rose steadily in FY 2025-26, reflecting stronger compliance, robust corporate performance, and overall economic resilience despite a slight dip in refunds.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Dr. Reddy's Russian Subsidiary Gets Major Relief as Penalty Reduced to Rs 11.40 Million

India Notifies MoU with Japan for Double Tax Avoidance Agreement

HC Declines Interference in VAT Matters; Directs Appeal Before Tribunal

EPCG Benefit Allowed: “Premises” Amendment Held Retrospective by HC

CA Among 4 Held for Cheating Retired Doctor of Rs 34 Lakh in "Digital Arrest" Scam

India’s Direct and Advance Tax Surge: Strong Growth in FY2025-26 Signals Economic Stability and Rising Compliance