Columns

Pandora’s Box for GSTAT – Risk of Reboot?

This Article pertaining to “Pandora’s Box for GSTAT - Risk of Reboot?” is written by Dr Monish Bhalla. He is a distinguished author, legal expert, and former officer of India’s Narcotics Control...

Customs Brokers Licensing Examination (CBLE) 2026 — Complete Preparation Guide

The Customs Brokers Licensing Examination (CBLE), conducted annually by the National Academy of Customs, Indirect Taxes and Narcotics (NACIN), is the mandatory examination for...

President Murmu to IRS Officer Trainees: Ensure Tax Collection Is Smooth, Transparent and Citizen-Friendly

In a strong message underscoring the role of revenue administration in nation-building, President Droupadi Murmu on Tuesday urged young officers of the Indian Revenue...

LTCG Exemption on Equity Gains for Under-Construction Home: How Joint Buyers Can Claim Section 54F Benefit Over Multiple Years

A taxpayer who jointly purchased an under-construction residential property with his daughter in October 2023 has raised a common query: Can long-term capital gains...

Income Tax Dept Mandates ‘Irrevocable’ Clause in Charitable Trust Deeds or Risk Losing Tax Exemptions

The Income Tax Department has issued a fresh directive to public charitable trusts, requiring that all trust deeds clearly state that the trust is...

When Law Speaks One Language and Courts Another: A Case of Limited Application of Mind in GST SCNs

The article “When Law Speaks One Language and Courts Another: A Case of Limited Application of Mind in GST SCNs”is authored by Mr. Ashok...

Can I gift mutual funds to my wife? Know Taxability

Yes, under Indian tax law, you can freely gift mutual fund units or money to your spouse. Gifts from a “relative” (including spouse) are...

GST Transition Disrupts Footwear and Apparel Demand

Uncertainty surrounding the Goods and Services Tax (GST) rate rationalisation has slowed purchases across India’s fashion and footwear market, with several retailers reporting softer...

Former Union Secretary E.A.S. Sarma Flags Possible Tax & FCRA Violations in Alleged RSS Lobbying Deal in the US, Seeks CBDT & ED Probe

In a strongly worded letter addressed to Revenue Secretary Arvind Shrivastava, former Secretary to the Government of India, E.A.S. Sarma has urged the Ministry...

Principal Commissioner Rajeev Yadav Engages with Trade Stakeholders at ICD Garhi Harsaru; Promises Faster Clearances & 24×7 Grievance Redressal

In a major outreach initiative aimed at strengthening trade facilitation, Shri Rajeev Yadav, Principal Commissioner, ICD Patparganj & other ICDs, held an interactive session...

Taxability of Amounts Won by the Indian Women’s Cricket Team 

Amounts that the Indian women’s cricket team (and its individual players) receive — prize money, match and central-contract fees, government rewards, sponsorships and endorsements...