The AAR held that flavored non-alcoholic beverages without fruit pulp fall under tariff item 22029990 and attract 20% CGST ...
The ruling clarifies that services involving collection and transport of waste without transfer of goods are pure services.
GSMC 2.0 reinforced GIFT IFSC’s global positioning by signing MoUs with multiple international stock exchanges to deepen ...
IBBI introduces standardized valuation formats, harmonised standards, and a Coordinating Valuer mechanism to improve ...
Examines whether Tax Deducted at Source, while legally valid, creates working capital strain by forcing early tax payment before profits are ...
Explains how the new Act replaces the 1961 law, simplifies drafting, introduces the “Tax Year” concept, and aims to reduce litigation and compliance ...
Section 60 of the CGST Act allows temporary tax payment when liability is uncertain, ensuring business continuity while protecting ...
Examines how populist giveaways are funded through taxes and borrowing, potentially raising fiscal deficits and shifting burdens to ...
The regulator has amended its 2022 AML/CFT Guidelines to permit OTP-based Aadhaar e-KYC authentication for regulated entities in IFSCs. The change expands digital customer verification methods with ...
A detailed look at how the Finance Act, 2021 reshaped Sections 147–151, introduced Section 148A, and reduced limitation periods while strengthening natural justice ...
The Rajasthan High Court held that grant of affiliation is a statutory and regulatory function, not a business activity under the CGST Act. Affiliation fees were ruled not to constitute consideration, ...
The Central Government has approved a Chennai-based higher education trust for scientific research under Section 35(1)(ii) for AY 2026-27 to 2030-31. The approval is conditional upon compliance with ...