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GOODS AND SERVICES TAX IN INDIA
India’s Reinsurance: Hidden tax or treaty? Best way to expand tax base is to redraw map of where business is doneIndian insurers transfer risk to global reinsurers, impacting tax treaties. These international agreements often prevent India from taxing ...
New mines law seeks to bring tax uniformityA new Mines and Minerals Act, 2026, aims to standardize mining taxation across India. This legislation seeks to bring uniformity and predic...
India sets eyes on 100 more flagged vessels to cut forex outgoIndia plans to add one hundred flagged vessels within five years. This initiative aims to significantly reduce the nation's foreign freight...
Callaway-Good Good ad pulled after backlash over woman being pushed to groundGolf content creator Good Good removed a promotional video after criticism. The advert showed a woman being pushed to the ground. This acti...
Filing ITR4 by August 31 deadline? Check these 6 major changes if opting for presumptive taxation for AY 2026-27For the assessment year 2026-2027, new changes have been introduced impacting those filing ITR-4. Taxpayers need to be aware of six major u...
EPFO rules for NRIs’ EPF withdrawal: Do NRIs need to wait till 58 years of age to withdraw their employees’ provident fund retirement corpus?Non-resident Indians have the opportunity to access their Employees Provident Fund (EPF) corpus upon their departure from India. Those who ...
Amazon, Flipkart restructure seller fees, penalties ahead of festival seasonAccording to a notice issued by Amazon India on its seller forum, the company has, with effect from August 17, 2026, changed the manner in ...
Fino Payments Bank board extends tenure of interim CEO by another three monthsFino Payments Bank's board approved an interim CEO tenure extension. Ketan Merchant's role as interim MD and CEO will continue. This extens...
The 'trustworthy' changes in the lives of India's middle classDigital payments and tax reforms have significantly altered middle-class spending habits. GST has streamlined consumption taxes, impacting ...
India’s new service price gauge shows mixed Q1 trends; Air (Passenger) Service Price Index up 32%Air passenger service prices jumped nearly thirty-two percent year-on-year in the first quarter of FY27. Other services showed mixed price ...
What to know about Trump’s 50% tariffs on Canadian goodsUnited States President Donald Trump imposed fifty percent tariffs on Canadian imports. Canada's Prime Minister Mark Carney promised matchi...
- AI capex slowdown could derail India's cyclical recovery, weigh on growth: Nuvama
Any slowdown in the global artificial intelligence (AI) capital expenditure boom could pose a significant risk to India's ongoing cyclical ...
GST registration for big businesses: Centre, states work on uniform documents for faster approvalsIn a bid to enhance efficiency, tax authorities are crafting standardized guidelines for GST registration applications. This effort targets...
Raghuram Rajan pitches AI tax idea for govt coffers amid ‘jobocalypse’ fearsRaghuram Rajan proposes taxing artificial intelligence usage by corporations. This tax aims to offset the financial advantage machines curr...
The 20 reforms that could take India to a $20 trillion economy by 2036: ReportIndia could reach a $20 trillion economy by 2036 with broad reforms. A 20-point agenda covers infrastructure, capital markets, and human ca...
SC rejects GST department review plea, telecom firms get relief on tower tax creditThe Supreme Court rejected a review petition from the GST Department. This decision confirms telecom towers are movable property for tax cr...
Investcorp acquires 20Cube 3PL SolutionsThe transaction involves the carve-out of the India contract logistics business from Singapore-headquartered 20Cube Logistics, which will c...