After a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...

The Delhi High Court has stopped the GST department from taking action against IndiGo's parent company. This is regarding a ₹458 crore GST ...

For the next few weeks, what needs to be watched is market breadth. And also look at which sectors are leading the rally. Why? Because, at ...

MNCs face rising conflict between tax and customs rules on related-party pricing, as India’s tighter digital scrutiny raises compliance ris...

Flipkart's bid to exempt delivery charges from GST by classifying itself as a Goods Transport Agency has been rejected by the West Bengal A...

India and Kenya are exploring trade settlements in their own currencies. Discussions also covered digital payment systems like UPI. A joint...

The Income Tax Appellate Tribunal has cancelled tax proceedings against Sunetra Ajit Pawar. A Rs 32.14 crore addition treated as unexplaine...

The Finance Ministry is set to discuss customs warehousing benefits for imported battery storage systems. Industry groups have raised conce...

If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 9...

The Income Tax Department is hosting a quiz on the new Income Tax Act, 2025. This initiative aims to boost citizen awareness of the taxatio...

Income tax officials have visited the Chennai factory as part of the inquiry, the source said, adding that Flex has yet to be informed abou...

Court said money collected through 'coercion' should be refunded, ruling set to help several other companies

The government in last few years has created data centres that were looking at several trends and red flags in the data thrown up by Goods ...

The tax department has now taken a stand that these companies aren’t exporters and hence they cannot get the GST refunds.

The court was hearing a matter where the indirect tax department after investigations found that an exporter was using fake input tax credi...

According to the notices, the anomaly came to light during an audit conducted by the tax authorities. The tax department claimed that these...

The Tax Administration Reform Commission, set up by the Finance Ministry will soon look into amalgamation of Direct Tax and Indirect Tax De...