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GST Council to set up GoM on issue of levying addl levy to meet disaster-related expenses by States + Amendment to Sec 17(5) to nullify SC’s ruling in Safari Retreat caseGST - Concept note on registration of small assessees approved by Council; Law to be amended in future + No decision taken on GST rate for food delivery charges + No decision taken on FSI + Recognised skill training partners to be exemptedGoM on Rate Rationalisation: Recommendations not yet finalised, says FMGST Council decides not to put GST on penal charges collected by banks on loans + GoM on Compensation Cess gets extension + no agreement on bringing ATF under GST + Missing IRDA inputs lead to deferment of GoM decision on insurance55th GST Council decides to reduce tax rate on fortified rice kernel + exempts gene therapy + rate reduced for merchant exporters + 5% GST on inputs of food preparation for free distribution + no GST on black paper & resins supplied by farmers + amends definition of pre-packaged / labelled commodities + payment aggregators below Rs 2000 threshold exempted - no relief to payment gateway +Bombay HC fines Lalit Modi Rs one lakh for filing frivolous petitionLG grants permission to ED to prosecute Kejriwal in excise scam caseI-T- AO's addition must be sustained in cases where assesse has not been able to satisfactorily establish its case through demonstrative evidence : ITATPollution-free environment is constitutional right, rules Bombay HCOver 1300 manufacturing units established under PLI SchemeQuake of 4.8 magnitude rocks NepalI-T- Assessee entitled to take up plea of addition of peak credit which only need to be treated as income of assessee: ITATSaudi Arabian driver rams through bustling Christmas market in Germany - 2 dead & 60 injured37 Cr RuPay cards issued to PMJDY account holdersTrump warns EU of tariffs over oil & gas importsI-T- AO had no jurisdiction to make additions in assessment order u/s 153A, when no incriminating materials were seized in course of search action u/s 132: ITATCabinet okays MSP for Copra for 2025 seasonTrudeau’s key ally vows to vote against him in non-confidence motionIntegration of industry with Govt digital platforms to improve logistics sector: GoyalIndiaAI Mission calls for proposals to drive Ethical Innovation
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