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Five reforms India needs before the next shockIndia faces economic vulnerabilities from external crises. Five reforms are proposed to build resilience. These include reducing gold and c...- Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
- GST collections rise 3.2% to ₹1.94 lakh crore in May; import-led revenues drive growthIndia's GST collections hit an impressive ₹1.94 lakh crore in May 2026, showcasing a 3.2% rise primarily driven by robust imports of essent...
- GST dept issues tax demand of Rs 124 crore to Spicejet, slaps showcause notice for delay in return filingThe GST department has levied a significant tax demand of Rs 124.65 crore on SpiceJet. This action follows the airline's failure to file Go...
- Delta Corp shares tank 16%. What’s triggering the sharp selloff?Shares of Delta Corp tumbled 16% after the Supreme Court upheld the government’s retrospective 28% GST levy on online gaming companies. The...
- Gaming firms face ₹2.5 lakh crore exposure as Supreme Court upholds 28% GST on betting valueThe Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet v...
- Indian banks pause gold imports as renewed FinMin notification on IGST hangs fire in FY27Banks in India have paused gold and silver imports since April 1, pending an annual government notification that provides tax clarity for b...
- Bombay HC quashes Rs 1,524 crore proposed GST demand on Tata Sons in Docomo arbitration payout caseThe Bombay High Court quashed a Rs 1,524 crore GST demand against Tata Sons, ruling that payments made to NTT Docomo as an arbitration awar...
- Meesho receives Rs 14.29 crore GST notice for non-collection of TCSValue commerce platform Meesho is contesting a Rs 14.29 crore tax demand. The Goods and Services Tax Appellate Tribunal issued the demand f...
- GST fault line: Supreme Court to rule if taxman can bundle years into one sweeping show-cause noticeThe Supreme Court is set to decide if tax authorities can issue a single show-cause notice for multiple financial years. This procedural is...
- Has the GSTR-3B return filing due date for the March 2026 tax period been extended?Tax professionals are struggling to file GSTR-3B for March 2026. The GST portal is experiencing significant slowdowns, preventing logins an...
- Urban Company to appeal against Rs 56 crore GST demand, penaltyThe tax demand covering the period April 2021 to March 2025 relates to alleged non-payment of GST under Section 9(5) of the CGST Act on pay...
- ICICI Bank shares in focus after receiving Rs 216 crore GST noticeICICI Bank share price: ICICI Bank disclosed receiving a Rs 216.27 crore GST Show Cause Notice from the Mumbai East Commissionerate. The no...
- Blue Dart Express shares in focus after Rs 420 crore GST demand notice to subsidiaryBlue Dart share price: Blue Dart Express’ subsidiary, Blue Dart Aviation, received a GST demand notice of around Rs 420 crore for alleged m...
- Mahindra Holidays receives ₹363 crore GST demand notice over club membership tax reportingMahindra Holidays & Resorts India Ltd. has been served a tax demand notice of over Rs 363 crore, inclusive of penalty, concerning the repor...
- Dabur India shares in focus after receiving Rs 320.6 crore GST demandDabur India faces a confirmed GST demand of ₹320.6 crore plus interest from the CGST Commissionerate, Chandigarh. While the penalty has bee...
- Six officers of CGST Mumbai booked in bribery case, superintendent among three arrestedThe Central Bureau of Investigation (CBI) has arrested three individuals, including a CGST superintendent, in Mumbai for accepting a bribe ...
- Eicher Motors gets a cut of more than Rs 100 crore in GST demandEicher Motors has revised its GST demand orders from the Chennai office to Rs 26.97 crore from Rs 129.79 crore, following an appeal by the ...
- CBIC instructs officials to upload digital summary of tax notices to boost transparencyIn a significant move towards transparency and efficiency, tax officials are now required to upload detailed summaries of show cause notice...
- Sebi-taxman fight over service tax dues reaches Supreme CourtThe Securities and Exchange Board of India (Sebi) has moved the Supreme Court against a service tax demand raised by the Central Goods and ...
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