The Central Board of Direct Taxes (CBDT) has extended the deadline for filing audit reports for Assessment Year 2025-26 from ...

Discover the latest GST updates in the Invoice Management System (IMS). Learn about pending records, ITC adjustments, and ...

CBDT issues new SOPs on Joint Development Agreements. Learn how Section 45(5A) impacts capital gains, tax compliance, and ...

All Charitable and Religious Institutions registered under Section 12AB of the Income Tax Act must renew their registration ...

CBDT Circular 13/2025 grants waiver of interest under Section 220(2) for rectification cases. Relief available if tax is paid by 31st Dec 2025.

Renew 12AB & 80G registration on time to retain NGO tax exemptions, donor benefits, and credibility. Avoid risks, sustain ...

Exports of certain commodities may require special approval or license. SCOMET lists down a few such items. SCOMET is an acronym for Special Chemicals, Organisms, Materials, Equipment, and Technology ...

Independent organizations that work for social and charitable purposes are called as Non-Governmental Organizations (NGOs). In order to facilitate them in contributing to the greater good, the ...

The Special Valuation Branch (SVB Custom) has been established to Investigate the Valuation of Goods Imported by an Indian party from its related foreign supplier. When the Indian importer imports ...

What is NBFC in Simple Terms? A Non-Banking Financial Company (NBFC) is akin to a banking company and engaged in the business of providing loans, accepting deposits (only certain NBFCs), leasing, hire ...