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RailTel Receives Rs 4 Lakh Penalty From TRAI for QoS Violations, Says No Material Impact on Business Operations:

RailTel has been fined Rs 4 lakh by TRAI for QoS violations in Q1 FY26, but says the penalty will have no material impact on ...
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Supriya Sule Urges Finance Minister to Extend November TDS/TCS and GST Compliance Deadlines Amid Diwali:

Supriya Sule has urged the Finance Minister to extend the November 7 TDS/TCS payment deadline and GST filing dates between ...
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CBIC Invites Public Consultation on Alternate Mechanism for Amendment of Liability and ITC in FORM GSTR-3B :

CBIC has invited stakeholder feedback on the proposed alternate mechanism for amending GST liabilities and input tax credit ...
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November 2026 Tax Calendar: Check The Complete List of Important GST, Income Tax, TDS, EPF and ESI Due Dates for Businesses and Taxpayers:

A complete guide to important November 2026 compliance deadlines, covering GST returns, income tax filing, TDS payments, EPF, ESI contributions and eligible ITC claims for businesses, employers and ...
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PNB Fraud Unveiled in Greater Noida: Rs 35 Crore Allegedly Missing From Customers’ Savings Accounts and FDs:

Customers of Punjab National Bank (PNB), Greater Noida Branch, have alleged that about Rs 35 crore in cash seems missing from their savings bank accounts and fixed deposits. Several account holders ...
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CBDT Restricts Applicability of Chapter XIX Income Tax Provisions on Payments to IRRI Subject to Certain Conditions:

The Central Board of Direct Taxes (CBDT) under the Ministry of Finance (Department of Revenue) has restricted the imposition of the provisions of Chapter XIX of the Income Tax Act on the payments ...
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ITAT Holds Land Sale Gains Taxable as Capital Gains:

The assessee filed her return of income for Assessment Year 2023–24 declaring total income of Rs 16,68,66,420. During scrutiny, the AO noticed the sale of converted non-agricultural land in which the ...
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Vedanta Iron and Steel's Subsidiary Faces Proposed GST Recovery of Rs 11.76 Crore Plus Interest and Penalty:

ESL Steel Limited has received a GST Demand-cum-SCN proposing tax recovery and input tax credit reversal of Rs 11.76 crore, plus applicable interest and penalty. ESL Steel Receives Rs 11.76 Crore GST ...
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CBIC Introduces 67 Amendments to CGST Rules, 2017; Key Changes Effective from Nov 2026:

The Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance (Department of Revenue) has introduced certain key amendments to the Central Goods and Services Tax Rules, 2017.
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CBIC Extends Transitional Deadline for Specific Operational Requirements under SCMTR, 2018, until Jan 31, 2027:

The CBIC has extended the transitional deadline for specific operational requirements under the Sea Cargo Manifest and ...
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GSTAT Allows Singapore Airlines’ Rs 45.92 Lakh GST Refund on Cancelled COVID-Era Tickets:

Singapore Airlines Ltd. is an international airline providing passenger transportation services which had collected GST on air tickets sold to passengers. During the period from October 2019 to March ...