Summary: The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, focused on reforms in taxation, agriculture, MSMEs, and exports. Direct tax proposals included no tax on incomes up to ...

Lets go through with highlights of Budget on Direct taxation matters. The Finance Bill is set to be tabled next week, according to the Finance Minister. No Tax Up to Rs 12 Lakh- Individuals having ...

The Supreme Court of India ruled that private entities performing public functions fall under the writ jurisdiction of High Courts and the Supreme Court. However, it clarified that private banking ...

The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...

Seeks to further amend notification No. 27/2011-Customs dated 30th June, 2017 so as to reduce the export duty on crust ...

Finance Minister Nirmala Sitharaman unveiled the Union Budget 2025-26 with a focus on simplification and sectoral reforms. Key highlights include no income tax for earnings up to ₹12 lakh under the ...

Seeks to further amend notification No. 50/2017-Customs dated the 30th June, 2017 so as to notify BCD related changes.

A common issue with Private Limited Microfinance Companies is the Rule 12 Declaration. When registering a private company intending to offer financial services, some consultants are advising their ...

DIRECTORATE OF LEGAL AFFAIRS CENTRAL BOARD OF INDIRECT TAXES & CUSTOMS V.K. KRISHNA MENON BHAWAN 9, BHAGWAN DAS ROAD, NEW ...

CBIC further amends notification No. 19/2019 dated 06th July 2019 vide Notification No. 12/2025-Customs | Dated: 1st February ...

Seeks to exempt the import duty on goods which are being rationalized in the tariff.

NCLAT decisions, to emphasize that claims under Section 11E of the Central Excise Act and similar provisions are not ...