NRI wins capital gains tax case in Delhi High Court regarding sale of Rs 2 crore property despite Rs 46 lakh tax demand notice
An non-resident Indian (NRI) residing in the United States of America had to go through a very challenging time when […]
Sixteenth Finance Commission likely to keep states’ tax share unchanged amid Centre’s defence, capex needs
States that had sought a higher share of the Union government’s divisible pool of tax revenue are likely to be
Crypto investments under scanner: CBDT launches probe into unaccounted income; high-risk investors in VDA may face scrutiny
The Central Board of Direct Taxes (CBDT) has launched a probe into possible tax evasion and laundering of unaccounted income
India may ease EV localisation norms amid China’s rare earth export curbs
India is considering a relaxation of its stringent 50 per cent localisation requirement for electric vehicle (EV) makers and suppliers
Weekly GST Communique dated June 16, 2025
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
GST Council may replace compensation cess with health and clean energy cesses
The GST Council is likely to consider a major restructuring of the cess regime, with plans to replace the existing
Issuance of SCN without DIN is non-est and invalid
The Hon’ble High Court of Andhra Pradesh in the case of Arhaan Ferrous and Non Ferrous Solutions (P.) Ltd. v.
Mandatory Aadhaar OTP Verification for PAN Registration on Income Tax Portal
The process of registering an individual PAN on the Income Tax Department (ITD) portal has changed. Now, Aadhaar-based OTP (One-Time
Israel-Iran conflict to impact oil supply to India, increase export costs by 40-50%
Israel’s attack on Iran and heightened tensions in the area pose significant risks to India in terms of curtailed supplies
GST exemption on Rs 5 lakh health insurance? What the big tax relief could mean for middle-class Indians
The long-pending issue of tax relief on life and health insurance premiums is likely to be discussed in the upcoming
