10 Jul, 2025
GST on Insurance Premiums 2025: What You Need to Know A major GST cut on insurance is reportedly under discussion by the government for 2025. If approved, this could lower premiums for crores of policyholders across India. Currently, most insurance policies attract 18% GST — a cost that directly hits your pocket, especially on large-value […]
Read More10 Jul, 2025
Introduction:WhatsApp GST notice invalid — this recent Kerala High Court judgment is a major wake-up call for tax officers and taxpayers. This blog breaks down the judgment, its legal basis, and how you can safeguard against invalid notices. What Was the Case About? In Kun Motor Company Pvt Ltd v. STO [2024 (76) GSTL 282 […]
Read More10 Jul, 2025
Four key economic bills in Monsoon Session 2025: What to expect India’s Monsoon Session 2025 is set to witness the tabling of four key economic bills that could impact taxation, business regulation, and dispute resolution. These reforms are aimed at faster adjudication, global trade facilitation, and improved ease of doing business. Let’s break down each […]
Read More10 Jul, 2025
Summary Rising health insurance premiums coupled with 18% GST are making policies unaffordable for India’s middle class. Here’s how taxation is impacting coverage—and what needs urgent reform. Why Middle-Class Indians Are Dropping Health Insurance Health insurance GST impact is now a serious concern for salaried families and small business owners. With premiums rising 10–25% annually […]
Read More10 Jul, 2025
Karnataka Non-Tax Revenue Doubles in April–May FY 2025 Karnataka non-tax revenue rose by a staggering 134% in the first two months of FY 2025, compared to the same period last year. This sharp rise in collections is reshaping the state’s fiscal outlook and highlights the changing dynamics of government income beyond just GST and direct […]
Read More10 Jul, 2025
₹17 Crore GST Scam via Shell Firms in Prayagraj: A Wake-Up Call for Businesses The shell firm tax fraud case in Prayagraj has shaken the GST ecosystem again. The Directorate General of GST Intelligence (DGGI) recently arrested two individuals for operating fake firms and issuing bogus invoices to fraudulently claim ₹17 crore in input tax […]
Read More09 Jul, 2025
June e-way bill data: A signal for GST moderation? June 2025 saw a 2.6% dip in e-way bill generation, raising questions about slowing economic momentum and its impact on GST collections. With e-way bills acting as a proxy for goods movement in India, this trend is worth watching—especially ahead of the next GST revenue update. […]
Read More09 Jul, 2025
Precautions Before Filing ITR: Essential Checklist for FY 2024-25 Filing your income tax return (ITR) for FY 2024-25? Taking basic precautions before filing ITR can save you from notices, penalties, and even tax scrutiny. Whether you’re a salaried employee, freelancer, or business owner, this guide explains what to double-check before hitting submit. Why Precautions Before […]
Read More09 Jul, 2025
ITR Filing 2025-26: Four Mistakes Salaried Taxpayers Must Avoid The Income Tax Return (ITR) filing 2025-26 season is here, and salaried taxpayers must stay alert. A simple error while filing your ITR can delay refunds, trigger scrutiny, or lead to penalty notices under the Income-tax Act, 1961. Here are four common ITR filing mistakes you […]
Read More09 Jul, 2025
GST on Free Drug Samples: Pharma Sector May Finally Get Clarity GST on free drug samples has been a grey area for long, triggering disputes and audits for pharma companies. But recent developments hint that the government may soon issue a relief clarification—possibly aligning GST law with ground realities and business practice. Here’s a simple […]
Read More