Interim Budget 2024 may see modest expenditure hike as Centre looks to stay on fiscal glide path
Interim Budget Expectations: The government may limit the increase in its overall spending to around 10% in the interim budget […]
GST Recent News
export import, Press Release, Press Release
India’s merchandise exports in December 2023 registered 0.96% growth at USD 38.45 Billion over USD 38.08 Billion in December 2022
India’s overall exports (Merchandise and Services combined) in December 2023* is estimated to be USD 66.33 Billion, exhibiting a negative
GST Recent News
Budget 2024: Pharma industry seeks incentives for R&D, conducive policies
The pharma industry has sought fiscal incentives to promote research and development (R&D) in the sector, as it is likely
Central Excise - 2023, Notification and Circular, Notification And Circular
Government cuts windfall tax on crude petroleum to ₹1,700/tonne
India cut its windfall tax on petroleum crude to ₹1,700 ($20.53) a tonne from ₹2,300 a tonne, according to a government notification
Customs, Notification And Circular, Notification and Circular
Government Extends Lower Import Duty on Edible Oil Until March 2025; Omits Words, Figures, and Letters in Notification
The CBIC vide Notification No. 02/2024-Customs dated January 15, 2024, amending certain notifications under the Customs Act, 1962, in accordance
Newsletter
Weekly GST Communique dated January 15, 2024
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
CBIC, Important News
CBIC announces exclusive Customs Duty Payments on New ICEGATE Portal from January 14, 2024
As of January 14, 2024, the CBIC has implemented changes on the official ICEGATE website. Customs Duty and other payments
Important News, Income Tax
Income Tax Portal Introduces ‘Authenticate Insight DIN’ Feature for Enhanced Communication Security and Verification
The Income Tax portal introduces the ‘Authenticate Insight DIN’ feature, allowing taxpayers to verify communications from the income tax department.
DGFT, News
No import restrictions on certain IT products like desktop computers: DGFT
The government has clarified that there are no import restrictions on certain IT hardware products such as desktop computers. In
GST Recent News
66 held as raids at Bangalore Turf Club reveal ‘illegal betting, GST fraud’; Rs 3.45 crore seized
The Central Crime Branch (CCB) of Bengaluru City Police arrested 66 people during raids carried out on Friday which allegedly