taxation
GST on corporate guarantees: Gujarat High Court draws the line at 1% tax floor
Torrent Power ruling upholds GST levy on corporate guarantees but reads down “whichever is higher” under Rule 28(2) Pre-October 26,...
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One Nation, One Tax—but one Isabgol cannot have two GST identities; trade body’s clarion call
Unjha’s Isabgol trade grinds to a halt as Gujarat-Rajasthan tax interpretations diverge IPA urges GST Council, Finance Ministry, CBIC and...
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GST Input Tax Credit test turns tougher as SC upholds supplier-tax payment condition
Apex Court backs constitutional validity of Section 16(2)(c) of CGST Act in Bhandari Scrap Traders case Businesses face heightened ITC...
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From Patola to power equipment: Vadodara prepares to engineer Gujarat’s global trade future
File AMA’s ODOP Exhibition to showcase Gujarat’s 33-district diversity, from Patola and Mata ni Pachedi to...
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‘Revenue with Dharma’: IT Dept’s Independence Day pledge puts service at the heart of taxation
NE NEWS SERVICE CHENNAI, AUG 15 As the Tricolour soared over the Income Tax Office at Nungambakkam on Independence Day,...
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When tax is taken automatically, why not returned automatically? Delhi HC opens door to a digital refund revolution for seniors
NE LAW & BUSINESS BUREAU NEW DELHI, AUG 5 In an India that can detect a tax mismatch with an...
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GST credit test tightens as Supreme Court backs supplier-tax payment condition
Ruturaj Bhide, Associate Partner, Dhruva Advisors India Pvt. Ltd.- NE Photo Bhandari Scrap Traders ruling upholds...
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‘Don’t make people run from pillar to post’: Nirmala Sitharaman’s big call to IT Dept
NE ECONOMIC BUREAU MUMBAI, JULY 26 In a message that turned the power equation between the taxman and the taxpayer...
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India-UK CETA Comes into Force: Rajnath Singh Hails Landmark Trade Pact as Catalyst for Exports, Jobs and Global Growth
NE BUSINESS BUREAU NEW DELHI, JULY 15 The India-UK Comprehensive Economic and Trade Agreement (CETA) officially came into force on...
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Gandhinagar extends tax relief bonanza: Property owners get more time to save with higher rebates and interest waiver
Municipal Corporation extends 10% incentive rebate and interest waiver schemes till July 31 following an overwhelming public response Online taxpayers...
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