News Update

CBDT amends Rule 114DA to notify New Form No 49CMarriage trend plummets in China; Down by 20% in 2024Cus - Tata Motors is not required to pay Social Welfare Surcharge (SWS) when Basic Customs Duty (BCD) amount is nil: CESTATSteel Secy says No major impact of Trump’s tariffIndia to inaugurate EFTA Desk to enhance Trade and Investment under TEPAI-T - Re-assessment order is invalid where passed without considering assessee's objections to such proceedings: HCTrump trolls Taylor Swift; says MAGA is unforgivingMaha Kumbh: Special Scheme to provide Quality Ration to devotees2 killed & 23 hurt as bus rams into truck in UPI-T - Sec 149 which prescribes limitation period for initiating reassessment against assessee, is not enabling provision but rather prescription on AO's powers: HCDefence sector powering growth engine of Indian economy: RMKorean Air deemed world’s best airline for 2025CST - Transfer of liquor from Rajasthan to Bihar is an inter-state stock transfer and not a taxable inter-state sale, leading to cancellation of Central Sales Tax (CST) demand and a refund order: CESTATPersonal Income Tax - 'Secret' driver for future revenue growthPM Modi may discuss tariff-reprieve with TrumpBudget 2025 - Will the Nudge work?Trump vows to impose 25% tariffs on aluminium and steel imports from all nationsKey Customs Reforms in Budget - Effective implementation will bring all-round benefitsMacron embraces Deepfake videos to promote AI Summit + unfolds plan to invest 109 bn euroPradhan releases Hindi translation of The Saga of Kudopali: The Unsung Story of 1857Tirupati Laddu case - Heads of 3 Dairies arrestedCabinet okays renaming of Waltair as Vizag railway zoneCabinet nod for extension of tenure of National Commission for Safai KaramcharisUnion Cabinet okays Bill to table New Direct Tax Code in Parliament


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Former Prime Minister, Dr Manmohan Singh, delivering his Award Acceptance Speech after receiving TIOL Fiscal Heritage Award 2022 on Nov 8 at Taj Palace, New Delhi



Technical Session I - Ease of Doing Business: GST on Digital Economy