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SERVICE TAX LAW
Delhi HC rules EY US secondment fees taxable in India, MNCs face higher costs for foreign talentMultinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...- SC bats for creation of young lawyers' professional assistance fund to stop 'brain drain'The Supreme Court has called for a "Young Lawyers' Professional Assistance Fund" to combat the exodus of bright legal minds facing financia...
- Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...
- Family Trusts need a rethink: DPDP, PMLA rules collide with informal promoter structuresIndia's family businesses face a complex succession era due to evolving regulations and generational differences. Law firms like Veritas Le...
- Warren Buffett on stock market: Fools give you reasons, wise men never tryWarren Buffett gave himself a D in capital allocation – his worst grade ever. But the confession came along with a warning that would prove...
- Foreign investors may bet big on Indian stocks after regulatory clarity emergesIndia has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...
- India Inc. is profitable. So why isn’t it investing?Indian companies are making record profits, but they are not investing in new factories or infrastructure. This is creating fewer jobs and ...
- Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
- America's shutdown of Anthropic's AI models is not a surprise. And India has seen it coming for 30 yearsThe US government's export control order on Anthropic's advanced AI models, blocking non-American nationals, highlights a long-standing Ind...
- Trump's allies have another plan to pay 'weaponisation' victimsFormer President Trump's allies are now looking at a 1946 law to pay supporters. This comes after a planned "weaponization" fund was droppe...
- GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
- West Bengal: CM Suvendu Adhikari keeps home, Swapan Dasgupta gets finance, Tapas Roy industryVeteran journalist turned politician Swapan Dasgupta was allotted finance while senior-most party leader Tapas Roy, with his long legislati...
- Reliance Foundation secures major win as ITAT overturns cancellation of charity registrationReliance Foundation has won a legal battle against the Income Tax authorities regarding the 'charitable' status of its Mumbai hospital. A t...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- H-1B workers get relief as US court scraps $100,000 fee; employers may accelerate filingsA US federal judge struck down the $100,000 fee for fresh H-1B petitions, deeming it an unlawful tax. This ruling could encourage more appl...
- ICSI CS December 2026 Exam Timetable: Date-wise schedule for executive & professional programmes, exam timings, open-book papers and moreICSI CS December 2026 Exam Timetable: The Institute of Company Secretaries of India has announced the examination schedule for the CS Execu...
- In 1999, a Texas farmer donated 87 acres for a public park for just $10, and in 2025, the city sold it to a data center developer for $10 millionA Texas farmer's 1999 gift of 87 acres for a park was intended to benefit local children. Decades later, that land is slated for a data cen...
- Toll collection against construction services provided to NHAI taxable: Rajasthan HCRajasthan High Court ruled toll collection rights are taxable consideration for highway construction. This decision impacts public-private ...
- Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...
- Meta lashes Australia's bid to make tech giants pay for newsTech giant Meta on Thursday attacked Australia's "grossly unfair" bid to make social media companies pay for news, saying it is vehemently ...
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