In India’s rapidly expanding credit market, personal and business loans have become a lifeline for millions. However, with the rise in borrowing comes the inevitable challenge of defaults and the…
The Gauhati High Court has conditionally granted bail to Varun Goyal, who was arrested under the Assam Goods and Services Tax ( AGST ) Act, 2017, for allegedly availing fraudulent Input Tax Credit (ITC)…
In a recent update to streamline online tax payments for taxpayers across the country, the Income Tax Department has released the latest list of 31 banks now available for its e-Pay Tax facility…
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that Corporate Social Responsibility (CSR) contributions can qualify for deductions under Section 80G of the Income Tax Act, 1961 if the…
Filing income tax returns in India can feel complicated for Non-Resident Indians, especially with the changing tax rules and reporting requirements. However, with proper planning, you can file accurately while avoiding unnecessary…
The Jharkhand High Court has held that the absence of a digital signature on a Show Cause Notice ( SCN ) and Form DRC-01A vitiates the GST ( Goods and…
The Chandigarh Bench of Customs,Excise and Service Tax Appellate Tribunal ( CESTAT ) ruled that works contract services provided by the assessee could not be taxed under the category of Commercial or…
The Ministry of Corporate Affairs (MCA) has released a new update that companies and professionals must take note of. From 12:00 a.m. on July 14, 2025, all companies filing Form…
The Supreme Court of India, took serious note of Central GST defaulters misusing a legal loophole to avoid depositing bail-related security amounts. In a sharply worded order, the court criticised the increasing…
The Ministry of Finance, Government of India, had notified the Unified Pension Scheme (UPS) for eligible Central Government employees through Notification No. F. No. FX-1/3/2024-PR dated 24th January 2025. To…