Union Budget: Tax Relief, Lower Import Duties, Rationalizing GST Rates To Boost FMCG Consumption
With consumption accounting for over 60 percent of India's GDP, boosting disposable income is critical to reviving demand ...
Tax Guru3d
Changes in Credit Notes Under 55th GST Council Meeting Recommendation
Detailed analysis on changes made in credit notes as per the 55th GST Council Meeting Recommendation under the GST Law, 2017 ...
The Financial Express1d
Startups seek better ESOP taxation, more domestic capital
Liquidity challenges under the GST framework are another bottleneck. Ramesh Bafna, CFO at Zepto, recommended reforms to ...
Big relief for GST taxpayers: Protection against arbitrary arrest and coercion by GST officers; CBIC changes arrest and bail guidelines under GST
End of arbitrary arrest and coercion for admitting tax liability by GST officers? Know how this amendment can help ...
GST officers must provide written grounds of arrest under new guideline
The grounds of arrest must be explained to the arrested person and also furnished to him in writing as an Annexure to the ...
Tax Guru1d
ISD Evolution and Implications for GST Taxpayers
Input Service Distribution or ISD in not a new concept in India, its familiarity dates back to the Service Tax Era. The Service Tax law upheld the principle that credits relating to any input service ...
Deccan Herald3d
Expectations around GST, taxation from Budget that can accelerate growth of coworking industry: Manas Mehrotra, founder of 315Work Avenue
Some of the measures that we look forward to include lower GST rate for small-scale coworking clients as this will ...
Budget 2025: Insurance honchos seek tax incentives for policyholders, reduction in GST
Most insurance firms expect an increase in tax deduction limits for policyholders under section 80C for life insurance ...
GST new guidelines: GST officers to furnish written grounds of arrest to avoid harassment
According to the latest guidelines issued on January 13, GST officers must now provide a clear explanation of the reasons for ...
Big relief for small taxpayers: No GST on leased premises
Ahmedabad: In a significant development for small taxpayers under the composition scheme, the Central Board of Indirect Taxes and Customs (CBIC) elimi.
Daily5d
Cipla hit with over Rs 9 crore GST penalty, plans appeal
Drug major Cipla has been hit with a penalty of Rs 9.77 crore by the GST Authority for alleged tax violations under the ...
DGGI arrests Hosur proprietor for claiming fraudulent tax credit
The Directorate General of GST Intelligence (DGGI), Hosur, has arrested the proprietor of an unnamed firm for fraudulent input tax credit of ₹9.64 crore without actual receipt of goods.