IFSCA launched the Foreign Currency Settlement System (FCSS), operated by CCIL IFSC Ltd. The system settles USD transactions ...

Kerala High Court rules employees cannot claim TDS credit if employer fails to deposit deducted tax; directs IT Dept to act against defaulting ...

CBIC introduced system-based auto-approval for IFSC code registration, ending manual port-level checks. This streamlines the process for exporters to get incentives faster and enhances Ease of Doing ...

CBIC seeks urgent nominations (AC to Addl. Commissioner) for the India-EU P2P-U.S. Strategic Trade Control (STC) Advanced Licensing and Enforcement Exchange in Brussels (Dec ...

Kerala High Court dismisses RTI appeal by Dhananjay Gaikwad; IBBI provided all information under its control, no new data required under RTI ...

The Karnataka High Court ruled that when reassessment is based solely on material seized from a third-party search, the Income Tax Department must follow the specific procedure under Section 153C of ...

Revenue argued that specific direction from donor is mandatory for treating donations as corpus. In absence of such express direction, every donation cannot automatically assume corpus character ...

Karnataka HC upheld the deletion of a ₹7 Cr addition under Section 68, ruling that ITAT’s findings on the creditworthiness and genuineness of share purchasers were factual and not ...

EDPMS and IDPMS are RBI's digital platforms linking Customs and banks to monitor all export earnings and import payments in real time for FEMA compliance and forex ...

SC quashed a Chhattisgarh tender clause requiring ₹6 Cr local supply experience, deeming it arbitrary and violative of Articles 14 and 19(1)(g), upholding fair ...

CBIC relocates to Kartavya Bhawan for enhanced coordination, promotes 944 officers to Group 'A', and conducts GST reform outreach with taxpayers in Kanpur and ...

SC expunges Kerala HC's surprise directions for fee refixation and vigilance inquiry, affirming that a litigant cannot be placed in a worse position in their own writ ...