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GOODS AND SERVICES TAX REFORMS
Govt proposes easier compliance for foreign firms using Indian data centresThe Taxation and other laws (Amendment) Bill, 2026, introduced in the Lok Sabha on Tuesday, reduces reporting requirements for foreign comp...- FISME seeks GST overhaul to ease MSME complianceFISME seeks Goods and Services Tax reforms to ease MSME compliance burdens. They propose a safe harbour for input tax credit and faster GST...
- Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LSA groundbreaking bill has been introduced to boost foreign investment while fostering local manufacturing in India. By simplifying regulati...
- Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FMIndia's economic landscape is on a promising trajectory, aiming to exceed five trillion dollars by the fiscal year twenty twenty-nine. To a...
- Taxation laws amendment bill tabled in Lok Sabha: What the new tax bill changes for foreign investorsFinance Minister Nirmala Sitharaman introduced the Taxation and Other Laws (Amendment) Bill, 2026, proposing simpler rules for offshore inv...
- Kerala unveils AI-led governance overhaul to streamline administration, speed up public servicesKerala's government is launching administrative reforms to modernize bureaucracy. AI-assisted governance and digital public service deliver...
- Govt cuts ₹16,688 crore in tax disputes after appeal threshold hikeThe government withdrew thousands of tax appeals after raising litigation limits. This action reduced disputed tax demand by over sixteen t...
- Taxation laws amendment bill: Government proposes simplified exemption framework for offshore fundsA bill will soon simplify offshore investment fund rules. This aims to attract more foreign capital into India. Tax exemptions will be offe...
- Man, who refused US job offer earlier, pays over Rs 1 crore income tax, says 'I'm earning for someone else'; sparks debateA man's Rs 1.14 crore income tax payment sparked debate on taxpayer value in India. He chose to stay in India despite overseas job offers t...
- Government plans to ease forex rule for SEZ services exports to domestic tariff areasThe current provision under Section 2(z) of the SEZ Act, 2005 mandates that proceeds for SEZ to DTA supplies of services must be realised i...
- GST collections stay on track, rise 15% in JulyIndia's July GST collections surpassed ₹2.11 lakh crore, showing a 15.4% year-on-year increase. Import GST surged significantly, contributi...
- Bloomberg delays India bonds inclusion in global index as investors seek proof reforms workBloomberg Index Services has deferred a decision on including Indian government bonds in its Global Aggregate Index, saying recent market r...
- No input tax credit for the innocent buyer after paying GST? Supreme Court settles who bears the cost when a supplier defaultsThe Supreme Court affirmed Gujarat High Court's decision on CGST Act Section 16(2)(c). This ruling validates the provision requiring tax pa...
- India climbs 25 places to 57th in global rankings on back of structural, pro-competitive reformsIndia's position in structural and global rankings has improved from 82nd to 57th as per a statement by the Ministry of Commerce & Industry.
- India 25 notches up on global competitiveness indexIndia advanced 25 places to rank 57th globally in a competitiveness index. This improvement reflects sustained efforts in reducing market d...
- GSTN puts proposed e-way bill changes on hold after industry feedbackGST Network has postponed two e-way bill system enhancements. These changes were scheduled for implementation starting August 1. Industry f...
- Factory floors find their footing againIndia's industrial rejuvenation thrives on the backs of electronics and automotive sectors, driving economic vitality forward. The manufact...
- GST notice uploaded only on portal isn't valid service, high courts rule: What it means for taxpayersHigh Courts are questioning GST notice validity when only uploaded online. Punjab and Haryana High Court ruled portal uploads are not valid...
- Andy Burnham eyes immigration exemption for care workers in the UK to ease staffing crisisUK Prime Minister Andy Burnham is considering exempting care workers already in the country from tougher indefinite leave to remain rules a...
- India on way to become a global hub for aircraft Maintenance, Repair and Overhaul (MRO): GovernmentIn a written reply in the Lok Sabha, Civil Aviation Minister Kinjarapu Rammohan Naidu said, "The Government has taken various measures to c...
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