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CBDT extends deadline for tax valuer, practitioner registrations to March 2027

New Delhi, Sept. 18 -- The Central Board of Direct Taxes (CBDT) has extended the deadline for registration of valuers and authorized income-tax practitioners under the new Income-tax Act, 2025, by six... Read More


Net direct tax collections rise 13% to Rs.12.1 trillion

New Delhi, Sept. 18 -- Net direct tax collections rose 12.96% year-on-year to Rs.12.12 trillion as of 17 September of fiscal year 2027, as per the income-tax department's provisional data released on ... Read More


India revamps cotton testing labs amid govt's push for global cotton and textile hub

New Delhi, Sept. 17 -- The Centre has begun a major revamp of the country's cotton fibre testing infrastructure, with the Bureau of Indian Standards (BIS) expediting the modernization of 21 laboratori... Read More


Explainer: Why gold smuggling is booming and seizures are growing

New Delhi, Sept. 17 -- Gold smuggling networks have come back to life in the few months since the import duty hike in May, triggering a rash of seizures by the Directorate of Revenue Intelligence (DRI... Read More


Centre to hold state finance ministers' conference ahead of GST Council meeting

New Delhi, Sept. 17 -- The Union finance ministry will hold a two-day conference of state finance ministers and finance secretaries beginning Friday. The conference will bring together the Centre and... Read More


Centre looks to widen trusted-trader programme beyond customs facilitation

NEW DELHI, Sept. 16 -- India is looking to expand its trusted-trader programme beyond traditional customs facilitation as it enters the next decade of the Authorised Economic Operator (AEO) framework,... Read More


DRI seizes 232 kg of methamphetamine in northeast crackdown

New Delhi, Sept. 16 -- In a major crackdown on synthetic-drug trafficking in the northeast, the directorate of revenue intelligence (DRI) has seized 231.8 kg of suspected methamphetamine tablets from ... Read More


EPFO ceiling reset after 12 years; Rs.25,000 threshold to cover 5.1 million more workers

NEW DELHI, Sept. 16 -- The Centre is expanding mandatory retirement and social-security coverage to more formal-sector workers, raising the wage ceiling for compulsory Employees' Provident Fund Organi... Read More


Govt plans 3-month shelf life for specialized cement used in dams, bridges

NEW DELHI, Sept. 15 -- India's consumer affairs ministry plans to mandate a three-month shelf life for specialized cement, shorter testing timelines and more detailed batch and product information for... Read More


E-commerce platforms flag pricing, ranking hurdles under new consumer rules

New Delhi, Sept. 11 -- E-commerce platforms have welcomed the new rules to strengthen consumer protection, but flagged implementation challenges around price disclosures, search rankings and annual ce... Read More