‘Centre would be keen to remove long-term capital gains tax, during Budget consultations’: FM Sitharaman
Finance Minister (FM) Nirmala Sitharaman said the government would be interested in discussing the removal of long-term capital gains (LTCG)
DGFT Introduces Simplified, Fast-Track Import Authorisation Procedure for Silver Bullion from October 15, 2026
In a significant trade facilitation measure aimed at promoting Ease of Doing Business (EoDB) and reducing procedural delays, the Directorate
Composition option lapses automatically on crossing the threshold but differential tax must be computed on cum-tax basis under Rule 35
The GSTAT, Hyderabad Bench in Sri Parameshwara Bricks v. State Tax Officer & Ors. [Appeal Nos. APL/126/HYD/2026 & APL/26/HYD/2026, Common
GSTN Enables GSTR-9 and GSTR-9C Annual Return Filing for FY 2025-26 on GST Portal from October 8, 2026
The Goods and Services Tax Network (GSTN), vide its Advisory No. 677 dated October 13, 2026, has announced that the
GST Council likely to allow ITC on group insurance; ease rates on rare disease drugs and pharma services
“The GST Council is likely to allow employers to claim input tax credit (ITC) on insurance covers purchased for their
Income Tax department estimates 25,000 cr tax evasion by restaurants
The income tax department has detected massive evasion by restaurants, which may be of the order of over Rs 25,000
GST e-invoicing may cover services imports from unregistered companies
An Indian company paying for overseas software, cloud storage or consulting services may soon have to report these transactions through
GST Council reforms address key industry concerns, focus shifts to implementation, says Dept of Revenue official
The recommendations of the 57th GST Council meeting, held on October 8, were shaped through extensive consultations within the government
Voltas gets relief as Maharashtra GST authority drops ₹15.43 crore notice
Voltas Ltd has received complete relief from the Maharashtra GST authority, which has dropped a show-cause notice seeking to demand
GST compliance may tighten for businesses paying for overseas software, cloud and consulting services
Indian businesses paying for overseas software, cloud storage and consulting services may face tighter goods and services tax (GST) compliance
