CBDT Retains Transfer Pricing Tolerance Levels at 1% for AY 2025-26, Enhancing Taxpayer Certainty
The CBDT has issued a significant Notification No. 157/2025 dated November 06, 2025, retaining the tolerance range for transfer pricing […]
Re-credit of Input Tax Credit (ITC) cannot be denied due to technical limitations of the GST portal
The Hon’ble Delhi High Court in the case of Mohan Footcare Pvt. Ltd. v. Deputy Commissioner of CGST [W.P.(C) 6804/2024
Opportunity of PH is must even if taxpayers has not filed reply of SCN
The Hon’ble Allahabad High Court in the case of A To Z Car Solutions v. State of U.P. & Ors.
Revamped customs procedures to reduce clearance time to 1-48 hours from 3-4 days
The Central Board of Indirect Taxes and Customs (CBIC) is planning to revamp customs procedures in the next leg of
From Concession To Confusion: The ITAT’s Maharishi Ruling And The Storm Ahead
The Income Tax Appellate Tribunal’s recent ruling in Maharishi Education Corporation (P.) Ltd. vs ITO (Delhi Bench, SMC) may seem,
Distributors agreed to bear ITC as GST relief boosts affordability, volumes, Niva Bupa’s MD and CEO
Niva Bupa Health Insurance has entirely passed on the Input Tax Credit (ITC) burden to its distributors, who have accepted
Karnataka tops GST charts with 10% growth during Dussehra festival; collection hits Rs 14,395 crore in September
Karnataka has topped the economically progressive states in GST collection during Dussehra festival as it recorded 10% growth in tax
Insurance agents’ plea over commission cuts unlikely to be taken up by GST Council
I n a representation to the Finance Ministry and the Goods and Services Tax (GST) Council, insurance agents have submitted
India’s KFC, Pizza Hut operator Devyani hails historic GST move, sees minimal impact
India’s KFC and Pizza Hut operator Devyani International Limited on Thursday hailed next-gen GST reforms calling it the “most important
Only structural reforms, not GST rate cuts, can sustain long-term growth: Oxford Economics
In a cautionary note, analysts at Oxford Economics have warned that, given the lingering structural issues plaguing the economy, GST
