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The CBIC has expanded the customs duty exemption by including 85 categories of machinery used in lithium-ion cell manufacturing, aiming to boost domestic battery production and reduce import costs.

CBIC Expands Customs Duty Exemption for Lithium-Ion Cell Manufacturing Machinery

CBI probes an alleged Rs 93.44 crore PNB loan fraud involving Hanjer Biotech Energies and its directors.

CBI Registers Rs 93.44 Crore PNB Bank Fraud Case, Searches Mumbai Premises Linked to Company Directors

The GST Council may consider major reforms to simplify compliance, unlock accumulated ITC, ease e-way bill rules and reduce criminal penalties under the GST law.

Next-Gen GST 2.0 Reforms: GST Council May Ease Compliance Rules, Free Up Thousands of Crores in ITC

The ITAT Ahmedabad holds Section 148 notice issued after expiry of limitation invalid and annuls reassessment.

ITAT Quashes Reassessment as Section 148 Notice Issued Beyond Limitation Period

India’s GST 2.0 reform push could widen ITC, speed up refunds, simplify returns and curb arrest powers, giving businesses major compliance relief.

GST 2.0: Council May Consider Wider ITC, Faster Refunds, Simpler Returns and End to Arrest Powers in Major Business Relief Push

The GST Council may propose major enforcement reforms, including court approval for arrests, a Rs 5 crore prosecution threshold and decriminalisation of certain offences.

GST Council May Scrap Arrest Powers of Officers, Raise Prosecution Threshold to Rs 5 Crore

The ITAT Ahmedabad rules Harsha Engineers’ processing fee claim requires examination of borrowing purpose and capital asset nexus.

ITAT Remits Rs. 93.34 Lakh Processing Fee Disallowance for Fresh Adjudication

The ITAT Bangalore has allowed tax exemption on BSNL VRS retrenchment compensation and eligible leave encashment, granting major relief to retired employees.

 ITAT Rules BSNL VRS Compensation Exempt from Tax Under Section 10(10B), Grants Leave Encashment Relief

The Central Government has granted an income tax exemption to the Kerala Headload Workers Welfare Board for tax years 2026-27 to 2028-29, subject to compliance with the prescribed conditions under the Income Tax Act, 2025.

Kerala Headload Workers Welfare Board Granted Income Tax Exemption for Three Tax Years

Don't rely on an ITR deadline extension. File early to avoid errors, penalties, and refund delays.

ITR Filing: Why You Shouldn't Rely on a July 31 Deadline Extension

The Income Tax Department has uncovered a Rs 65.5 crore fake tax refund scam involving bogus deduction claims under Section 80GGC. 

Meerut Accountant Accused in Rs 65.5 Crore Income Tax Refund Scam

A professional's viral post about paying nearly Rs 1 crore in taxes but receiving no support after being laid off has reignited the debate on social security and taxpayer benefits in India.

Professional’s Viral Post on Rs 1 Crore Tax Sparks Debate on India’s Social Security

Income Tax

Finance

ICAI

Judgement

ITAT Delhi

ITAT

Chartered Accountant

CBDT

Institute of Chartered Accountants of India

CBI arrested a Delhi Police Sub-Inspector after trapping him while accepting Rs 80,000 as part of a Rs 1 lakh bribe allegedly demanded to favour a criminal case.

CBI Arrests Delhi Police Sub-Inspector in Rs 1 Lakh Bribery Case, Accused Caught While Accepting Rs 80,000

CBI arrests five, including a CPWD engineer, in an alleged Rs 70 lakh bribe case linked to a Wadala land NOC in Mumbai.

CBI Arrests 5 in Mumbai Bribery Case After CPWD Engineer Allegedly Demanded Rs 70 Lakh for Wadala Land NOC

Anup Engineering has secured complete relief in a GST dispute after the appellate authority set aside the demand relating to ineligible ITC, ocean freight, penalty and interest.

CBIC Expands Customs Duty Exemption for Lithium-Ion Cell Manufacturing Machinery:

CBIC Expands Customs Duty Exemption for Lithium-Ion Cell Manufacturing Machinery

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