Riding the storm

In India, the evolution of indirect taxation reached a historic milestone with the implementation of the Goods and Services ...
As the central government prepares for the upcoming Union Budget 2026, financial experts are shifting their focus toward ...
Finance Minister Lekey Dorji said that 1,522 commodities previously taxed at 10 percent BST should see noticeable price reductions under GST. These include footwear, clothing and textiles, televisions ...
The court held that Section 74 cannot be used unless fraud, wilful misstatement, or suppression with intent to evade tax is specifically alleged and proved. In the absence of these ingredients, the ...
Telangana High Court held that the income derived from tissue culture operations by the assessee qualifies as agricultural ...
No change in the tax incidence for tobacco products and pan masala, sources say; impact on cigarette prices yet to be assessed ...
The Centre on Friday opposed the Delhi High Court’s intervention in a PIL seeking GST reduction on air purifiers from 18% to 5% by classifying them as medical devices, warning that any judicial ...
From September 22, individual health and life insurance policies have become free from Goods and Services Tax, removing the 18% tax that policyholders were paying earlier. Insurers lose Input Tax ...
The Bombay Chartered Accountants Society (BCAS) has asked the government to extend the due date for filing the annual GST return (FORM GSTR-9) and reconciliation statement (FORM GSTR-9C) for the ...
Dorsey’s FCANow Blog is kicking off a new series—FCA Basics. Over the coming months, the FCANow Blog will feature posts covering the fundamentals of the False Claims Act (“FCA”), outlining FCA ...