GST & Other Indirect Taxes

Lifestyle Brand Mayfair Raises $3.2 Mn In Seed Funding From Nexus Ventures And CDH Investments

GST & Other Indirect Taxes | By ALOK PATNIA | Mar 20, 2019

Picture Credit: Dailyhunt   Mayfair, a new entrant to the lifestyle and apparel ecommerce market has received a $3.2 Mn funding from Nexu...

ED investigating Amazon and Flipkart for alleged violation of foreign exchange law

GST & Other Indirect Taxes | By ALOK PATNIA | Mar 20, 2019

  The Enforcement Directorate reportedly submitted to Delhi HC that a case has been registered under provisions of the Foreign Exchange M...

Key decisions taken in the GST Council Meeting held on 19th March 2019

GST & Other Indirect Taxes | By ALOK PATNIA | Mar 20, 2019

  The GST Council met for the 34th time on 20th March 2019. Highlights of the same are discussed below: 1. GST Council in the 34th meetin...

How to issue ESOP in Singapore

Corporate Law & Intellectual Property Rights | By Soumik Kumar Sen | Mar 14, 2019

ESOP or employee stock option scheme is very popular in the industry and especially in the start-up ecosystem. This is because it helps t...

New GST rules to boost tax payments in cash

GST & Other Indirect Taxes | By ALOK PATNIA | Mar 4, 2019

A new rule on businesses adjusting their final GST liability against credit for taxes already paid on raw materials and services is pushi...

NAREDCO seeks more liquidity for real estate sector; lower GST on cement

GST & Other Indirect Taxes | By ALOK PATNIA | Mar 2, 2019

Realtors’ body NAREDCO on Friday said the real estate sector is in financial stress due to lack of funding from banks and NBFCs and...

Patanjali distributors under anti-profiteering lens for not passing GST benefits

GST & Other Indirect Taxes | By ALOK PATNIA | Mar 1, 2019

Patanjali Ayurved distributors have come under the lens of National Anti-profiteering Authority (NAA) for not passing on lower GST rate b...

Realtors seek clarity on GST exemption on development rights 

GST & Other Indirect Taxes | By ALOK PATNIA | Mar 1, 2019

Realty developers are seeking clarity on recent exemption offered from the goods & services tax (GST) levied on development rights, i...

Single brand retail might expect relaxation in local sourcing rule

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Feb 14, 2019

The government is considering a relaxation in mandatory 30% local sourcing norm for foreign direct investment (FDI) in single-brand retai...

GST Council Likely To Meet Next Week To Discuss Cement Rate Cut

GST & Other Indirect Taxes | By ALOK PATNIA | Feb 14, 2019

The GST Council is likely to meet on February 20 to discuss a proposal to slash tax on cement to 18 per cent from 28 per cent and also co...

Qatar seeks inclusion of natural gas in GST

GST & Other Indirect Taxes | By ALOK PATNIA | Feb 11, 2019

India’s largest LNG supplier Qatar on February 10 urged the central government to include natural gas in GST to help create demand ...

Government favours cut in GST to 5% from effective rate of 12% for residential properties

GST & Other Indirect Taxes | By ALOK PATNIA | Feb 11, 2019

A Group of Ministers (GoM) formed to analyse tax rates and issues being faced by the real estate sector under the goods and services tax ...

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