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Join date: Apr 15, 2025
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Federation of Indian Economic Affairs (FIEA) is dedicated to empowering individuals and organizations in the fields of finance and economics. Our collaborative platform offers a wealth of resources and opportunities for professionals to network, learn, and innovate.
Posts (7)
Aug 21, 2025 ∙ 1 min
President Assents to the Income-tax Bill, 2025 — Now the Income-tax Act, 2025
Date: 21 August 2025 | Location: New Delhi Update: The President of India has given assent to the Income-tax Bill, 2025, which now...
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Jul 14, 2025 ∙ 1 min
"Income Tax Raids Over Fake Political Donations and Bogus Claims Under Section 80GGC Across 200+ Locations"
The Income Tax Department is conducting raids in connection with false deductions of political donations. This action comes after the...
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Jun 15, 2025 ∙ 2 min
Andhra Pradesh High Court Ruling on GST Authorities Blocking Utilized ITC Under Rule 86A
In a significant ruling that will impact GST-registered businesses across India, the Andhra Pradesh High Court has clarified the sweeping powers of tax authorities to block Input Tax Credit (ITC) under Rule 86A of the CGST Rules—even after the credit has already been utilized. The judgment in Sugna Sponge & Power Pvt. Ltd. v. Superintendent of Central Tax (2025) is a must-read for every business and tax professional.
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