Petition filed against denial of ITC to buyers for the default of suppliers

GST & Other Indirect Taxes | By CA Harmit Kaur | Jan 22, 2020

A Petition has been filed in the Calcutta High Court challenging the  constitutional validity of Section 16(2)(c) of the Central Goods an...

RBI Survey brings out fascinating facts on Indian Startups

Corporate Law & Intellectual Property Rights | By Soumik Kumar Sen | Jan 15, 2020

In view of the emerging importance of the start-up sector in the Indian economy, the Reserve Bank of India (RBI) conducted a pilot survey...

Govt releases FAQs on e-invoicing under GST

GST & Other Indirect Taxes | By Editor | Jan 4, 2020

The Finance Ministry has come up with ‘Frequently Asked Questions (FAQs) on ‘e-invoicing’ under the GST system, reaffirming the governmen...

Saudi Logistics Hub Promotes Investment Opportunities and Trading Ties With Singapore

News & FAQs | By Editor | Dec 13, 2019

The Saudi Logistics Hub, a government initiative mandated to drive growth in Saudi Arabia’s thriving logistics sector, held its latest gl...

Setback for India as WTO extends nil tax on e-transmissions

GST & Other Indirect Taxes | By Editor | Dec 11, 2019

Developing countries including India suffered a setback on Tuesday as the World Trade Organization (WTO) decided to extend the practice o...

Major policy changes in Singapore that you must be aware of from Jan 1

1.Bill passed to tax overseas services like Netflix from 2020 The regime requires overseas vendors to pay GST if they have an annual glob...

8000 returns filed in 4 days after blocking e-way bill

GST & Other Indirect Taxes | By Editor | Dec 10, 2019

Blocking of e way bill on non-tiling of GST Returns has been implemented from November 28th, 2019, The NIC Karnataka in association with ...

GST rates set to increase as council plans for a hike of GST rate from existing 5 to 6%

GST & Other Indirect Taxes | By Editor | Dec 7, 2019

In wake of growing revenue concerns, the Goods and Services Tax (GST) council may consider revamping tax structure and raising the existi...

New GSTR 9 & GSTR 9C Utility would be available by 10th December 2019

GST & Other Indirect Taxes | By Editor | Dec 6, 2019

Government has made some changes in the forms of Annual Return (GSTR-9) and the Reconciliation Statement (GSTR-9C) vide Notification No. ...

These are the new functionalities on registration on GST Portal

GST & Other Indirect Taxes | By Editor | Dec 6, 2019

1. Taxpayers can now see all the GSTINs mapped to same PAN across India, at the time of filing the Part A of the registration application...

Lok Sabha passes Bill to effect corporate tax reduction

GST & Other Indirect Taxes | By Editor | Dec 5, 2019

The Lok Sabha on Monday passed a Bill to replace an Ordinance for effecting reduction of corporate tax rates. Taxation Laws (Amendment) B...

DPIIT invites applications for First Ever National Startup Awards 2020

The Department for Promotion of Industry and Internal Trade (DPIIT) has announced institution of the first ever National Startup Awards. ...

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