« Top Headlines » Open DEMAT Account in 24 hrs  Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.  Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief  ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money «  Securities scam: IT dept moves SC against SBI... Co-opt the young into tax base for high revenues... » Entry for 4,500 LDC items to be tax-free November, 23rd 2007 India will allow tax-free import of over 4,500 items from neighbouring Bangladesh, Nepal, Maldives and Bhutan from January 2008, a year before it was scheduled to eliminate taxes for least-developed countries under the South Asia Free Trade Agreement (Safta). Prime Minister Manmohan Singh has also directed the commerce department to examine if the negative list of 744 items (products on which tariffs will not be reduced) could be shortened for LDCs. Afghanistan, too, would be able to benefit from the arrangement as all protocol for formally inducting Afghanistan into FTA would be over by March 2008, minister of state for commerce Jairam Ramesh said. Once Afghanistan becomes a member of Safta, it will automatically benefit as the agreement allows a 30% domestic value addition for exported products while Indias bilateral arrangement with Afghanistan provides for 50%, Mr Ramesh said. Addressing a press conference, the minister said that Indias trade with Afghanistan could multiply provided Pakistan could be roped in. Pakistan, India and Afghanistan could form a triangle for regional development of trade, he said. A trade delegation of 50 Afghan businessmen is currently visiting India. In a seminar organised by Ficci on Wednesday, the delegation expressed interest in collaborating in the area of gems & jewellery and handicrafts & carpets. India and Afghanistan also have a preferential trade agreement in place under which 38 Afghan products receive preferential treatment in India against eight Indian items.