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Inverted Duty Structure

Section 96 of RFCTLARR Act Overrides Tax Ambiguity: CBDT Clarifies Compensation for Acquired Land Not Taxable

The tax treatment of compensation received on compulsory acquisition of land under the Right...

President Promulgates Income Tax Amendment Ordinance, 2026; Exempts FIIs and BIS from G-Sec Tax Liabilities

The President of India has promulgated the Income-tax (Amendment) Ordinance, 2026 (No. 2 of...
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Denial Of Refund Of Input Tax Credit On Inverted Duty Structure

The inverted duty structure is causing several administrative problems in the GST system. Taxpayers will have accumulated credits in the form of refund claims.

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Section 96 of RFCTLARR Act Overrides Tax Ambiguity: CBDT Clarifies Compensation for Acquired Land Not Taxable

The tax treatment of compensation received on compulsory acquisition of land under the Right...

President Promulgates Income Tax Amendment Ordinance, 2026; Exempts FIIs and BIS from G-Sec Tax Liabilities

The President of India has promulgated the Income-tax (Amendment) Ordinance, 2026 (No. 2 of...

SEBI Probes Rajesh Exports Over Revenue Misrepresentation; Company Denies Allegations

Rajesh Exports Ltd., one of India's best-known gold refining and jewellery manufacturing companies and...

RBI Keeps Repo Rate at 5.25%: Impact on Loans, EMIs and Savings

The Reserve Bank of India (RBI) has kept the benchmark repo rate unchanged at...