Govt considers reducing taxes on bond investments by foreign investors
India is considering a significant reduction in the Taxes paid by foreign investors on the nation’s bonds as authorities seek […]
Why tax deductions suddenly increase in April, despite no change in salary
Many salaried employees noticed a sharp fall in their take-home salary in April despite receiving the same salary as before.
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Government Slashes Windfall Tax on Diesel and ATF Exports; Levies Fresh SAED of Rs. 3 per litre on Petrol Exports: Revised Rates Effective from 16th May, 2026
In a significant decision aimed at calibrating the windfall tax regime in line with prevailing international crude oil prices and
Mere Similarity in Packaging Features Do Not Constitute a ‘Brand Name’; Exemption Allowed Where Enforceable Brand Rights Are Relinquished
The Hon’ble Madras High Court in the case of Narasus Saarathy Enterprises Private Limited v. Additional Commissioner of GST &
No IGST/ Service Tax on Ocean Freight under CIF Contracts – Importer Not ‘Recipient’ and Levy Violates Composite Supply Principle
The Hon’ble Bombay High Court in the case of Firmenich Aromatics Production India Pvt. Ltd. vs Union of India &
Income Tax Department to step up tax recovery drive, target ₹2.57 lakh crore in pending dues
The Income Tax Department is set to intensify tax recovery efforts in FY27, with the Central Board of Direct Taxes
Brace for higher gold prices and supply boom in grey markets after customs duty hike: SBI report
The recent increase in customs duty on gold imports to 15 per cent could push up domestic gold prices, alter
CESTAT rules in favour of MRPL in ₹212.53 cr Customs Duty case
The Customs Excise and Service Tax Appellate Tribunal (CESTAT) has ruled in favour of Mangalore Refinery and Petrochemicals Ltd (MRPL), making
Presumptive taxpayers get investment disclosure column alongside income reporting in ITR Forms
India’s presumptive tax regime, popular among small businesses and consultants for its low compliance requirements and ease of filing, now
