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DRI officials intercept 1,311 tonnes of Pakistan rock salt imported via UAE

New Delhi, Aug. 14 -- Directorate of Revenue Intelligence (DRI) officials have intercepted 47 containers of rock salt, originally from Pakistan, that were imported into India from the UAE, Central Boa... Read More


IBC amendments seek to boost assets available for distressed company revival

New Delhi, Aug. 14 -- Creditors to bankrupt firms could get their hands on a wider pool of valuable assets and claw back money from more shady promoter transactions, once latest changes to India's ins... Read More


Govt proposes IBC overhaul, shift of power from courtrooms to boardrooms

New Delhi, Aug. 12 -- New Delhi: India's bankruptcy playbook is set for its biggest rewrite since the Insolvency and Bankruptcy Code (IBC) came into force in 2016. The IBC (Amendment) Bill 2025 - tabl... Read More


Lok Sabha clears revised income tax bill, grants UPS tax parity with NPS

New Delhi, Aug. 11 -- The Centre's ambition to replace the over six-decade-old income tax law with a simplified legislation reached a step closer to reality, with the Lok Sabha on Monday approving a r... Read More


Lok Sabha approves new tax bill with UPS relief, corporate dividend deduction

New Delhi, Aug. 11 -- The Lok Sabha approved on Monday a revised version of the Income Tax Bill 2025, which restored several taxpayer-friendly provisions from the existing law that were erroneously dr... Read More


DGGI shifts gears to hunt big-ticket tax evasions

New Delhi, Aug. 11 -- India's apex goods and services tax (GST) enforcement agency has a new priority: chasing deliberate and high-impact tax evasion and fraud over technical disputes. The Directorate... Read More


DGGI shifts gears to hunt big-ticket tax evasions

New Delhi, Aug. 11 -- India's apex goods and services tax (GST) enforcement agency has a new priority: chasing deliberate and high-impact tax evasion and fraud over technical disputes. The Directorate... Read More


DGGI shifts gears to hunt big-ticket tax evasions

New Delhi, Aug. 11 -- India's apex goods and services tax (GST) enforcement agency has a new priority: chasing deliberate and high-impact tax evasion and fraud over technical disputes. The Directorate... Read More


Govt plans changes to bankruptcy code to resolve clashes with money-laundering law

New Delhi, Aug. 11 -- The Indian government is preparing amendments to the Insolvency and Bankruptcy Code (IBC) to streamline its interplay with the Prevention of Money Laundering Act (PMLA) after ass... Read More


India's tax enforcer shift gears to hunt big-ticket fraud, spare the small fry

New Delhi, Aug. 10 -- India's apex goods and services tax (GST) enforcement agency has a new priority: chasing deliberate and high-impact tax evasion and fraud over technical disputes. The Directorat... Read More