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HC orders lower GST on fruit-based fizzy drinks, not 28%Following a ruling by the Gauhati High Court, carbonated juice drinks are to be taxed at a lower 12% GST rate instead of the previous 28%. ...- Ice-cream lovers beware: GST body drops a sugar bomb on softy mixThe GST Authority for Advance Rulings - Rajasthan bench ruled that softy ice-cream mix's primary component is sugar, not milk. Thus, it att...
- Kulkarni Inc.’s client, Pune-based tech startup, Websym, closes major deal with Deloitte India, acquires IoT assets Tezeva and FactoryWizeKulkarni Inc., a financial advisory and investment banking venture, Websym, a cutting-edge, Pune-based tech startup, has recently closed a ...
- RBI’s auto debit rule could cause tax woes for fintech startupsDue to RBI’s new auto debit rules, fintech startups run the risk of attracting a 2% equalisation levy as well as additional GST at 18% on p...
- India approves multilateral instrument to curb tax treaty abuseMLI will enable India to modify its tax treaties to curb revenue loss through treaty abuse or BEPS strategies where companies park their pr...
- E-way bills may make GST highway bumpyUpon generation of the e-way bill on the GSTN portal, a unique e-way bill number hall is now available to the supplier, the transporter and...
- India Inc scrambles to check cybercrimeThe uptake of insurance policies covering cybercrime was largely limited to the IT-ITeS sectors, or ecommerce companies. Now crime is risin...
- Make In India: FM Jaitley may address inverted duty structure in Budget 2015 to boost manufacturingInverted duty structure refers to taxation of inputs at higher rates than finished products that results in build-up of credits and cascadi...
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