Woman demands Rs 2 crore for ‘bad haircut’; after 7-year legal fight, Court orders ITC Maurya Hotel to pay Rs 25 lakhThe Supreme Court has ordered ITC's Maurya Hotel to pay Rs 25 lakh to model Aashna Roy for a "bad haircut". The woman had raised a complain...
14 Feb, 2026, 07.49 AM IST
GST department can freeze your bank account! Here's what you should do if it happens with youTo ensure the integrity of tax collection, the GST department can provisionally seize a taxpayer's bank account. This precaution is crucial...
19 Nov, 2025, 04.03 PM IST
GSTR-9 table 8A update: New invoice management system will form part of 8A from this year; Important things to watch out forTaxpayers must prepare for significant changes in GSTR-9 annual returns for FY 2024-25. The new Invoice Management System (IMS) will now be...
30 Oct, 2025, 11.21 AM IST
GSTR-9 annual return FY 2024-25: Key change in reporting Table 6 explainedA significant change has been introduced in the GSTR-9 annual return form. This update, effective for FY 2024-25 with a December 31, 2025 d...
14 Oct, 2025, 11.30 AM IST
Policyholders are unlikely to get full benefit from GST exemption; premiums likely to rise with no ITC benefitStarting September 22, 2025, individual health and life insurance premiums are GST-exempt, but insurers have lost their ITC eligibility on ...
23 Sep, 2025, 03.37 PM IST
GST 2.0: Key changes effective September 22; explained in FAQsThe 56th GST Council, convened on September 3, 2025, announced significant GST regime revisions effective September 22, 2025. These changes...
17 Sep, 2025, 01.58 PM IST
GST on insurance premium: Why you may not get full benefit of GST reduction by 18% unless there's clarity on exemption vs nil-ratedStarting September 22, 2025, the GST on individual health and life insurance premiums will be slashed to zero. However, insurers are uncert...
15 Sep, 2025, 03.39 PM IST
GST taxpayers can't claim pending input tax credit if GSTR 3B is not filed by this date for FY 2023-24Goods and services tax (GST): Registered taxpayers won't be able to claim any pending input tax credit if they don't file their GST return ...
02 Dec, 2024, 11.31 AM IST
Faster ITC claim: Now suppliers can see & take action on whether buyer rejected the invoice or accepted it on the new IMS portal of GSTGoods and services tax (GST): The goods and services tax network (GSTN) has implemented a new feature inside the invoice management system ...
18 Nov, 2024, 11.57 AM IST
New GSTN feature to correct mistakes in GST invoice matching process for claiming input tax credit; Know how it worksInput tax credit: The goods and services tax network (GSTN) has introduced a solution to help GST registered taxpayers into claiming the co...
14 Nov, 2024, 12.41 PM IST
Boardroom Leela: Why are ITC and Hotel Leela at loggerheads?The battle between the two has been raging for the last five years and, of course, Hotel Leelaventure Limited (HLV) has contested claims ma...
16 Apr, 2024, 07.52 PM IST
GST authorities issue notices over input tax credit discrepanciesGST authorities have issued notices to companies for discrepancies in input tax credit claims, prompting scrutiny of annual returns against...
07 Feb, 2024, 12.19 AM IST
Over 12k fake entities in GST; CBIC plans biometric authentication, tighter return filingThe Central Board of Indirect Taxes and Customs (CBIC) in India is planning to introduce biometric authentication and geo-tagging in an eff...
02 Jul, 2023, 02.29 PM IST
Rising complications for corporates in ITC claims under GSTThe changes in ITC rules have added responsibilities on businesses to reconcile and communicate with vendors more often. Businesses must ta...
18 Apr, 2023, 04.29 PM IST
GST: Changes and method to claim Input Tax Credit answeredSmall business owners often voice a few queries related to input tax credit (ITC). This article seeks to answer some of the commonly asked ...
29 Feb, 2020, 10.19 AM IST
How to address the challenges expected from new GST returnsThere could be several other concerns that could come up during the actual GST return filing process under the new return system. Taxpayers...
18 Nov, 2019, 01.09 PM IST
Iron industry players in Mumbai zone under lens over input tax credit frauds11 of 13 cases registered in Mumbai zone involve people from the industry
11 Mar, 2019, 11.09 AM IST