FSSAI Removes Several Restrictions On Sale of Food Products
The amendment regulations have removed the requirements of AGMARK certification mark on the labels of sealed packages of Multi-Source Edible Oils and fat spreads. The amendment regulations also omit the restriction on sale of ghee having less Reichert value than that specified for the area where such ghee is sold.
Government of Tamil Nadu Declares Holiday for Diwali
Government of Tamil Nadu announces a public holiday on November 1, 2024, in celebration of Diwalil to all government offices, schools, colleges, educational institutions and Public limited organizations across the state.
New Indian Standards Notification: Enhancing Safety and Performance in Electrotechnical Products
These updates, crucial for various industries, particularly focus on the safety and performance of electrotechnical products, including power capacitors
New Tax Guidelines: What Businesses Need to Know About Arm’s Length Pricing
The Ministry of Finance issued an important notification that will impact how businesses determine the arm’s length price for international and specified domestic transactions for the assessment year 2024-2025.
EPFO Reports Significant Growth in Membership for August 2024
EPFO has released provisional payroll data for August 2024, revealing a net addition of 18.53 lakh members in the month of August 202
Launching eShram-One Stop Solution: A New Era for Unorganized Workers
The key aim of eShram – One Stop Solution is for unorganized workers to access government schemes and support services.
Important Update: Amendments to Cough Syrup Export Policy
The Ministry of Commerce and Industry in on October 18, 2024 announced significant changes to the export policy for cough syrups under Chapter 30 of the ITC (HS) 2022.
CBIC clarifications on Implementation of new time limits for availing Input Tax Credit
CBIC has issued clarifications on Implementation of amendments to CGST Act, 2017 that provided new time limits for availing Input Tax Credit (ITC) under certain circumstances. The clarifications were provided in the form of FAQs.
Central Government Revises Enemy Property Laws to Empower Occupants
Ministry of Home Affairs in India issued an important notification regarding the disposal of enemy property.
CBIC relief to taxpayers facing demands for short payments or non-payments
CBIC has announced relief to taxpayers facing demands for short payments or non-payments, as long as they comply with the prescribed conditions, including full payment of the tax demanded by March 31, 2025, or within six months of redetermination by the proper officer in certain cases.