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AUTOMATIC APPROVAL FOR GST CHANGES
GST Council likely to align export definition with forex earnings, clarify on overseas branch servicesThe GST Council is expected to review a proposal to redefine the definition of export for services. This proposal aims to remove ambiguitie...- New Zealand changes Parent Resident Visa selection process, effective todayNew Zealand has moved all valid Parent Resident Visa expressions of interest into a single pool from today. For Indian parents, around 90 p...
- GST shake-up: Council may rejig tax officers' panelsThe GST Council is likely to recast its tax officers' committees to make them leaner as the system matures. It is proposed to reduce the cu...
- GST enforcement may shift from 'arrest' to 'detect, recover and prosecute serious frauds'The GST Council is likely to consider major enforcement reforms on October 7 that could remove GST officers’ power to directly arrest alleg...
- GST Council may scrap arrest provisions, fast-track refunds with 90% automatic payoutThe upcoming 57th GST Council meeting on October 7 is set to unveil transformative proposals that could reshape GST regulations. Key sugges...
- Hackers can target your wealth adviser’s WhatsApp: How to protect your moneyRecent incidents highlight the increasing threat of compromised WhatsApp accounts among financial advisers in India. These attacks exploit ...
- GST registration overhaul: Businesses may soon apply for multiple states at onceThe GST Council plans to discuss a proposal for a unified GST registration process for businesses. This proposal aims to streamline applica...
- GST 2.0: Council to consider sweeping reforms to unlock tax credit, ease complianceIndia is set to implement significant reforms to the goods and services tax system, which will ease compliance. Changes may include the rel...
- Ease of biz relief in store for small ecomm sellersThe Goods and Services Tax Council meeting is set to discuss proposals benefitting small ecommerce sellers. If approved, these sellers coul...
- School Assembly News Headlines for October 5: Top national, international, sports and business updatesSchool Assembly News Headlines Today (October 5): In a notable move, Rahul Gandhi has introduced a digital platform called 'Satyagraha', em...
- GST Council may clear sweeping compliance reforms; e-commerce sellers, genuine buyers to get reliefThe GST Council will assess various procedural reforms aimed at simplifying tax compliance for businesses. Proposed measures include enabli...
- GST 2.0's next move: Council may scrap officers' arrest powers, raise prosecution bar to Rs 5 croreThe GST Council is weighing changes to GST enforcement, including ending officials' arrest powers and shifting to court-ordered arrests. Cr...
- US imposes visa bonds of up to $20,000 on 50 countries; is India on the updated list?The US has expanded its visa bond programme to citizens of 50 countries, requiring some B1/B2 applicants to post bonds of $10,000, $15,000 ...
- Strong macro show takes shape in Q2 before festive rushIndia's economy is experiencing significant growth, highlighted by a 14.7% increase in goods and services tax collections in September. Car...
- Amazon FTC settlement payouts: Who is eligible for up to $200 and when will the money arrive?Automatic settlement payments for Amazon Prime customers will begin on October 1, 2026. Millions of additional customers will qualify under...
- RBI eases bank stake rules, allows one-time approval for MFs, insurers for holdings up to 10%The Reserve Bank of India (RBI) on Thursday finalised its July proposal to simplify bank shareholding rules, allowing eligible mutual funds...
- ICC allows pink ball usage in day-time Tests on trial basisThe new playing conditions will apply to all international series that start on 1 October or later, and it means that the upcoming Border-G...
- Check gate before the horse boltsIndia is facing challenges in managing foreign remittances, particularly concerning fraudulent transactions and proper certification. A pro...
- GST 2.0 revived demand. Now industry wants its tax credit unstuckThe GST Council is set to reconvene after a year to focus on reforming the input tax credit system. Recent surveys by KPMG and Deloitte hig...
- Why is Marine Corps combat pay doubling to $450? The 23-year freeze is finally ending—here’s who qualifiesMarine Corps hostile fire pay increase: For the first time in 23 years, the U.S. military is adjusting how it compensates Marines for facin...
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