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Budget 2025: Heavyweight consumer stocks ITC, HUL surge over 5% after FM announces tax bonanza. MaricoThe Finance Minister announced an increase in the NIL tax slab to Rs 12 lakh, aiming to boost disposable incomes and revive consumption, wh...- Big relief for GST taxpayers: Protection against arbitrary arrest and coercion by GST officers; CBIC changes arrest and bail guidelines under GSTGST Arrest: Now a GST registered person can't be arbitrarily arrested and also coerced into admitting GST tax demand liability. This is bec...
- Citing Singapore model, experts bat for cutting multiple GST rates in IndiaWhile India has multiple slabs to charge the indirect tax, Singapore has only one tax rate under GST. GST introduction in India has the pot...
- No GST refunds for foreigners as of now: Finance MinistryThe IGST makes provisions for the levy and collection of taxes on inter-state supply of goods or services or both by the Central government.
- Will alcohol and realty come under GST? The jury is still out'Alcohol and real estate are far too contentious issues for GST.'
- IGST a bitter pill for patients with rare disorders as medicines attract 5%-12%While life-saving medicines imported for personal use would continue to be exempt from basic customs duty, they are not exempt from IGST.
- Lawyers are smiling as GST set to fuel litigation waveEven before the planned July 1 roll out, about 100,000 indirect tax appeals were clogging India’s judicial system at the end of March, 2015.
- Economy must play role in verdicts, Supreme Court rulesThe court needs to avoid that particular outcome which has a potential to create an adverse affect on employment or economy, SC said.
- They are big financiers of the India story, but GST is making them nervous. Read howThe new law gives taxmen the right to extract full tax due claims with interest and fines from these people, exposing their personal assets...
- Multi-layered GST complicated but unavoidable, say tax expertsSome said the multi-layered GST is too complicated and undermine the key benefit of this reform, while others said having different tax sla...
- GST to be less regressive with lower tax band at 5 per cent: ExpertsThe inflationary impact on standard rated commodities should be minimal but services may become dearer by getting pushed to 18 per cent slab
- Shardul Amarchand Mangaldas Elevates 17 lawyers as PartnersThe firm has announced to open it’s Chennai office and GV Anand Bhushan will be head of firm’s newly opened south operation.
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