A Bombay HC ruling quashing a customs order after seized goods deteriorated in custody may help importers avoid demurrage and related charges, highlighting systemic issues in customs procedures
CBIC has issued temporary relaxations for handling export cargo returning to Indian ports due to the Strait of Hormuz disruption, outlining simplified processes to speed up clearances
From January 2026, crypto-assets, CBDCs and electronic money products will fall under India's expanded FATCA-CRS reporting regime, strengthening tax transparency and compliance
The Bombay High Court has directed the Centre and Maharashtra to take a time-bound decision on Imagicaaworld's plea seeking an extension of tourism incentives for its theme and water parks
The DGGI's arrest of Fino Payments Bank MD Rishi Gupta in a probe linked to banned online gaming has intensified scrutiny of GST liability, programme managers and compliance networks
Finance Ministry sources say probe has flagged GST evasion, shell entities and payment aggregators in alleged banned online gaming operations, leading to arrest of a senior bank official
Arvind Srivastava says next phase of customs reform must deepen stakeholder trust and leverage technology as India's expanding trade ecosystem places new demands on governance
Court rules Section 122(1A) of the CGST Act cannot be invoked against employees who are not taxable persons; bars retrospective application of the provision
India and France have signed a protocol amending their DTAC, removing the MFN clause and revising dividend, capital gains and PE provisions to bring clarity and align with global tax standards
A Mumbai ITAT ruling allows full indexed cost of acquisition and Section 54 exemption on multiple floors received after redevelopment, offering significant relief to homeowners facing LTCG disputes
CBDT chief Ravi Agrawal said the new Income Tax Act, effective April 2026, will create a rule-based, AI-enabled tax ecosystem aimed at reducing disputes, improving certainty and enhancing compliance
Tax experts said the judgment reiterates that refund claims cannot be denied merely because the principal input and output supplies are the same- a ground frequently used by tax authorities
Court rules GST order issued through portal with system-generated reference number remains valid even if physical copy does not carry Document Identification Number
The Bombay High Court has stayed recovery proceedings in a ₹170 crore GST dispute against Gateway Terminals over denial of input tax credit on licence fees paid to JNPT
The tax department has proposed a major redesign of 30 high-volume income-tax forms to reduce duplication, simplify compliance and support a data-driven regime under the new law