News

The 57th GST Council Meeting proposed major GST compliance, registration, ITC, refund and enforcement reforms while keeping GST rates unchanged.

GST Council Proposes Major Reforms in Registration, ITC, Refunds and Arrest Rules

Notifications

The Finance Ministry has notified a 7.1% interest rate on deposits under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds.

Govt Fixes 7.1% Interest Rate on Special Deposit Scheme for Non-Government PF Funds From Oct to Dec 2026

PM Modi calls for global cooperation against cyber fraud and deepfakes as India targets 1 billion 5G users and global 6G leadership.

PM Modi Calls for Global System to Fight Cyber Fraud and Deepfakes as India Pushes for Greater International Cooperation on Digital Security

Judgement

ITAT deleted Section 68 addition after finding that the assessee had sufficiently established the lender’s identity, creditworthiness and genuineness of the loan transaction.

ITAT Deletes Rs 2.67 Crore Section 68 Addition, Rejects Retrospective Source-of-Source Requirement

Income Tax officials from Lucknow and Gorakhpur surveyed Maharajganj Municipal Cooperative Bank, scrutinizing accounts, transactions, loans and tax records for possible irregularities.

Income Tax Officials Conduct Survey at Maharajganj Municipal Cooperative Bank, Examine Large Accounts, Loans and Suspicious Transactions

The CBI has arrested the principal of Eklavya Model Residential School (EMRS), Nuapada, Odisha, in a Rs 20,000 bribery case. 

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GST Council Proposes Major Reforms in Registration, ITC, Refunds and Arrest Rules

Govt Fixes 7.1% Interest Rate on Special Deposit Scheme for Non-Government PF Funds From Oct to Dec 2026

PM Modi Calls for Global System to Fight Cyber Fraud and Deepfakes as India Pushes for Greater International Cooperation on Digital Security

ITAT Deletes Rs 2.67 Crore Section 68 Addition, Rejects Retrospective Source-of-Source Requirement

Income Tax Officials Conduct Survey at Maharajganj Municipal Cooperative Bank, Examine Large Accounts, Loans and Suspicious Transactions

CBI Apprehends Principal of Eklavya Model Residential School, Nuapada, for Demanding Rs 20,000 Bribe