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GST
Eight Years In, India’s GST System Still Struggles With Complexity, Compliance, and Credibility
Launched amid much fanfare in July 2017, India’s Goods and Services Tax (GST) was...
Columns
BBMP Implements ‘Garbage Cess’ in Bengaluru: Monthly Solid Waste Management Tax Now in Effect
In a move that’s stirring strong public and political reactions, the Bruhat Bengaluru Mahanagara...
GST
Understanding Stock Transfers Under GST: A Comprehensive Guide with Examples
Goods and Services Tax (GST) has transformed the indirect tax landscape in India, with...
Direct Tax
F&O Trader Faces Rs. 25 Lakh Loss, Recovers ₹15 Lakh from Broker — Here’s How to File It in Your ITR Under Indian Tax...
In a recent case reflective of the risks and nuances of derivatives trading, an...
Indirect Taxes
Misdeclaration Of Goods By Importers: Customs Scrutiny System in Hyderabad Faces Criticism
The customs scrutiny system at Hyderabad’s ports and airports is under intense scrutiny as...
Direct Tax
NRI Remittance Tax at Mere 5% Could Yield $10 Billion Annually
In a bold policy proposition that's bound to ignite debate, economists and policymakers are...
Direct Tax
TDS Rate Chart for FY 2025-26 AY 2026-27
Tax Deducted at Source (TDS) is a mechanism implemented by the Indian government to...
Direct Tax
ITR-2 Filing Process 2025-26
Filing your Income Tax Return (ITR) is a crucial annual responsibility for taxpayers in...
Columns
Quadruple-entry bookkeeping and it’s relevance to GST
​Quadruple-entry bookkeeping is an advanced accounting system that extends the traditional double-entry method by...
Columns
RBI Mandates 8% Interest on Delayed Pension Payments by Banks to Government Pensioners
In a major relief to retired central and state government employees, the Reserve Bank...
GST
GST Summons – Know Your Rights
Under the Goods and Services Tax (GST) regime in India, the authorities possess the...
Columns
Understanding TDS on Legal Fees: Section 194J
​Yes, Tax Deducted at Source (TDS) is applicable on legal fees in India under...
Latest articles
GST
Personal Hearing Can’t Precede Deadline for GST Notice Reply: Uttarakhand High Court Quashes S. 73 Order
The Uttarakhand High Court has set aside a GST assessment order after finding that...
GST
GST Rectification Can’t Be Rejected Merely Because 3 Month Timeline Expired; Authority Doesn’t Become Functus Officio: Uttarakhand High Court
The Uttarakhand High Court has ruled that a GST rectification application filed within the...
Supreme Court
Electricity Charges Arise Only After Supply and Billing; Supreme Court Rejects Rs. 57.74 Lakh Demand for Unreleased Additional Load
The Supreme Court has rejected an electricity distribution company’s attempt to recover ₹57.74 lakh...
GST
Refund of Interest Paid on GST Liability Discharged Through ITC: GSTAT Restrains State Benches From Deciding Appeals
The Goods and Services Tax Appellate Tribunal (GSTAT), Principal Bench, New Delhi, has restrained...