Major accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...

Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...

Ceat Tyres is set to achieve significant growth through its Camso acquisition. The company aims for operating margins up to 20% and a $1 bi...

Deloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...

India must reform its tax system and streamline clearances to attract global investments moving away from China. Economist Arvind Virmani e...

India's government notes a persistent lack of private investment. Companies hold large cash reserves instead of expanding production. Weak ...

New CAG data reveals states are diverging in fiscal health post-GST. Some states are effectively building revenue capacity, while others ar...

The Kerala AAR ruled that the concessionaire agreement between AAI and Adani Thiruvananthapuram International Airport Ltd is a supply of se...

The Goods & Services Tax (GST) authorities have recently issued these notices concerning the transfer of leasehold land. The crux of the is...

The AAI had approached the Rajasthan-bench of the Authority for Advance Ruling (AAR) seeking ruling on whether transfer of business to M/s ...

Ruling set to impact companies shift manufacturing units, headquarters between states

The tax department has started scrutinising several M&A transactions where only part of a business is sold by a company.

The government can strengthen the existing recovery provisions under the GST law, which empowers it to recover any input GST credit that ha...

The AAR said that as per a government notification, any transfer of a going concern constitutes a 'supply of service' and 'nil' tax rate wi...

We list out some of the key areas that businesses need to come to grips with and also the areas of concern that still remain.

A trader would be eligible to avail credit of the GST payable on their domestic procurements of both goods and services required for operat...

GST introduces the concept of seamless flow of input tax credit across the supply chain (from manufacture till it reaches the consumer) and...