A woman received Rs 20 lakh in permanent alimony as part of a divorce settlement. Despite agreeing to withdraw all cases, she continued cri...

A more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...

The Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...

Insurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...

The U.S. Supreme Court is reviewing significant cases. These cases cover voting rights, presidential authority, immigration policies, and g...

Adani Group shares surged as US prosecutors dropped criminal charges against Gautam Adani and his nephew. This development concludes a 19-m...

IDFC FIRST Bank's FIRST EARN and Hello Cashback credit cards offer straightforward cashback on daily transactions, maximizing savings witho...

The amount you borrow should depend on your personal financial situation, including monthly expenses, existing liabilities, lifestyle needs...

Goods Transport Agencies (GTA) in India have until May 31 to exercise the option of paying Goods and Services Tax (GST) on a forward charge...

As per the GST framework, the burden of tax payments on certain services and raw materials used in the input or making of the product is on...

The ruling was given on an application filed by Pioneer Partners, engaged in mining of boulders and extraction of minerals, which had secur...

“We are slowly tightening the noose and these two steps alone will help us increase our collections by around 25%,” said a senior governmen...

The Government has come out with a circular, which is raising more questions than it is trying to answer.

Legal services, including representational services, provided by advocated are covered under reverse charge of GST, it said.

However, if an unregistered supplier of gold ornaments sells it to registered supplier, the tax will apply under reverse charge mechanism.

Under the matching concept provisions, the onus continues to remain on the buyer to check whether the seller has paid GST.

The transaction relates to the transfer of tax liability worth thousands of crores from Essar Oil to Essar House and its subsequent reversa...