17 Apr, 2025
Understanding U.S. Tariffs and Their Ripple Effect on Indian TradeFocus Keyphrase: U.S. tariffs impact The recent surge in U.S. tariffs—particularly a 245% duty on Chinese EVs and syringes—has reignited global trade tensions. While the headlines focus on China and the U.S., Indian exporters are not immune. The U.S. tariffs impact is already pushing supply chains, […]
Read More16 Apr, 2025
IntroductionChina Bitcoin sale has triggered global headlines—and Indian taxpayers are watching closely. As China’s government sells crypto assets despite its trading ban, many are asking: how would Indian laws respond to such a situation? Let’s break it down. Why Is China Selling Bitcoin? India angle: If Indian authorities were to seize crypto, would the government […]
Read More16 Apr, 2025
OpenAI’s New Platform: More Than Just a Rival to X? OpenAI is reportedly building a new AI-powered social media platform—one that could directly challenge X (formerly Twitter). While still under wraps, early leaks suggest it may integrate powerful tools like ChatGPT’s image generation, reshaping how users post, interact, and create. Let’s break down what this […]
Read More16 Apr, 2025
China GDP Surge: What It Means for Indian Trade & Taxes China’s GDP grew by 5.4% in Q1 2025, defying expectations even amid rising US tariffs. While this may sound like distant macro news, Indian businesses—especially importers, exporters, and logistics firms—need to pay attention. Why? Because global trade winds directly influence tax planning, pricing strategies, […]
Read More16 Apr, 2025
U.S. Tariff Impact Hits Hong Kong Post: What It Means for Trade The U.S. tariff impact has just escalated. Hong Kong’s postal authority has suspended parcel services to the U.S. due to rising American tariffs. This abrupt move, effective immediately, signals how trade policies can trigger global supply disruptions—even outside formal customs. Let’s decode this […]
Read More16 Apr, 2025
Money Laundering Case: ED Arrests Ex-KBDC MD in Bengaluru The Enforcement Directorate (ED) arrested Ms. R. Leelavathy, former Managing Director of Karnataka Bhovi Development Corporation (KBDC), on 12th April 2025 under the Prevention of Money Laundering Act (PMLA), 2002. The arrest came after she was allegedly found involved in laundering illicit funds. The Hon’ble Special […]
Read More13 Apr, 2025
Govt Confirms SGB Reserve Coverage: Key Relief for Investors Nearly half of all outstanding Sovereign Gold Bonds (SGBs) are now backed by actual government reserves, offering critical confidence to investors ahead of large-scale redemptions. As of March 20, 2025, 130 tons of gold remain outstanding under SGBs. The Gold Reserve Fund (GRF) can cover 60–65 […]
Read More13 Apr, 2025
By March 31, 2025, India recorded 9.19 crore income tax return filings for FY 2024-25 — a consistent rise from previous years. Of these, 8.64 crore returns were successfully e-verified, and refunds of over ₹4.35 lakh crore have already been issued, as per the Income Tax Department portal. This reflects a broader shift in taxpayer […]
Read More13 Apr, 2025
Starting from the April 2025 tax period, the GST Network (GSTN) has made a critical compliance update: Table 3.2 of Form GSTR-3B is now non-editable. This table, which reflects inter-state supplies to unregistered persons, composition taxpayers, and UIN holders, will be auto-populated directly from GSTR-1/IFF data and can no longer be modified manually. This move […]
Read More12 Apr, 2025
ED Seizes AJL Properties Under PMLA: What It Means Legally In a decisive step under the Prevention of Money Laundering Act (PMLA), 2002, the Enforcement Directorate (ED) initiated possession proceedings against properties linked to Associated Journals Limited (AJL). This move marks a critical enforcement milestone in the ongoing AJL case PMLA investigation. 🧾 Why This […]
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