Indian copper producers are seeking a GST cut to 5% from 18%, saying record copper prices are increasing working-capital requirements acros...

The CBDT has amended Income-tax Rules, 2026, allowing buyers to deposit and report TDS under Section 393(2) of the Income-tax Act, 2025 thr...

The Central Board of Direct Taxes is set to simplify TDS compliance requirements for residents buying property from non-residents. From Oct...

The Bombay High Court recently upheld a ban on imported nicotine pouches at Mumbai's airport. The court maintained that imported goods must...

The Asian Development Bank has raised its FY27 India growth forecast to 7% from 6.6%, citing strong public investment and resilience in ser...

Bombay High Court maintained that a cinematographic film is not IT software under GST law regardless of its method of delivery. The court s...

Sustained Reserve Bank of India action through bond sales, foreign exchange swaps, and rupee defence has helped more than halve the banking...

Jamie Dimon sees India as a fast-growing economy with bright future prospects. He believes consistent regulations and taxing policies will ...

India's revamped GDP calculation incorporates extensive corporate filings and GST data, as revealed by the statistics ministry. This update...

India is moving to reshape its accounting sector as ICAI prepares Chartered Accountants Act changes aimed at enabling larger domestic firms...

The Central Board of Direct Taxes has rolled out significant amendments to income tax regulations for 2026, particularly affecting electron...

Income tax recovery no longer includes arrest or prison detention. Other recovery methods like property attachment remain available to auth...

The current provision under Section 2(z) of the Act mandates that proceeds from SEZ-to-DTA supplies of services must be realised in foreign...

A proposal will soon be considered to centralize licensing for all sterile drug products. This move aims to tighten regulations on medicine...

Finance Minister Nirmala Sitharaman urged tax professionals and industry bodies to move beyond demands for exemptions and rate cuts, asking...

App-based mobility firms want GST exemption on their platforms. They argue the five percent tax applies unfairly to technology connectors. ...

The Supreme Court dismissed the government's GST demand against Vodafone Idea. This demand related to the sale of Vodafone Mobile Services'...