GST & Other Indirect Taxes

Over 50 builders face probe for profiteering under GST

GST & Other Indirect Taxes | By ALOK PATNIA | Apr 29, 2019

More than 50 property developers, including some of India’s top builders, are being investigated for profiteering under the goods and ser...

GST Council recalls rule that raised tax outgo of large companies

GST & Other Indirect Taxes | By ALOK PATNIA | Apr 24, 2019

  Federal Indirect tax body, the Goods and Services Tax (GST) Council, has recalled the limits placed on companies from February this yea...

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...

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