India’s Diplomatic Heat Impacts Pakistan Stock Market: Tax and Trade Implications

24 Apr, 2025

India’s Diplomatic Move Hits Pakistan Stock Market India’s latest diplomatic escalation—including the potential suspension of the Indus Waters Treaty (IWT)—has triggered a sharp 2% plunge in the Pakistan Stock Market. This crash is not just geopolitical—it carries serious implications for trade, tax policy, and cross-border capital movement. What triggered the Pakistan stock market crash? Key […]

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Two-Wheeler Market Share in India FY25: Who’s Gaining Ground?

24 Apr, 2025

India’s Two-Wheeler Market in FY25: A Shift in Gears The two-wheeler market share in India has seen major shifts from FY21 to FY25. While Hero MotoCorp continues to lead, its dominance is slipping. Meanwhile, TVS is steadily gaining ground, hinting at changing consumer preferences and competitive pricing strategies. Let’s break down how the top players […]

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India’s Slower FY26 Growth: Weak Tax Collection Behind 6.3% Estimate

24 Apr, 2025

India’s 6.3% Growth Forecast for FY26: What’s Dragging Us Down? India’s projected GDP growth for FY26 has been revised to 6.3%, and the main culprit is weak tax collection. This drop isn’t just a number—it’s a signal of deeper structural issues in public finance, spending priorities, and compliance trends. Why is Weak Tax Collection a […]

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India’s FY26 Growth Forecast Cut to 6.3% – What It Means

24 Apr, 2025

India’s FY26 Growth Forecast Cut to 6.3% – What It Means India’s FY26 growth forecast cut by the World Bank to 6.3% is a wake-up call. Despite strong global optics, domestic weaknesses in tax revenue, private investment, and rural demand are weighing on long-term momentum. Key Factors Behind the Forecast Cut Here’s a quick breakdown […]

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India’s Weak Tax Collection May Drag FY26 Growth to 6.3%: World Bank

24 Apr, 2025

Why World Bank Downgraded India’s FY26 Forecast The World Bank’s April 2025 update trimmed India’s FY26 GDP forecast from 6.6% to 6.3%, raising alarm over a persistent revenue shortfall. The major reason? Weak tax collection—especially from GST and direct tax fronts. What Consultants Are Saying “Most MSMEs still treat GST as a year-end task. But […]

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Incomplete Challan for Job Work: GST Rule 45 Violation Can Trigger Penalty

23 Apr, 2025

Job Work under GST: Why Incomplete Challans Can Be Costly Under GST, sending goods for job work requires strict adherence to documentation norms. Recently, the Allahabad High Court upheld a penalty where the challan lacked details mandated by Rule 45, read with Rule 55 of CGST Rules, citing a valid cause for detention under Section […]

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Critical IoT Services: TRAI’s Push for Government Recognition

23 Apr, 2025

IntroductionCritical IoT services such as autonomous vehicles, smart grids, and emergency response systems need ultra-reliable, low-latency connectivity. Recognising this, TRAI has urged the government to formally classify these machine-to-machine (M2M) applications as critical infrastructure to ensure regulatory support and priority spectrum access. Why TRAI’s Classification Matters TRAI’s move is not just regulatory. It’s strategic. Here’s […]

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TCS on Luxury Goods Over ₹10 Lakh: What Section 206C(1F) Means for Buyers

23 Apr, 2025

If you’re buying luxury items like designer watches or home theatres worth over ₹10 lakh, you’re now liable to pay 1% Tax Collected at Source (TCS) under Section 206C(1F). This move, introduced via Budget 2024, aims to track high-value spending and expand the tax net. Let’s decode what this means for taxpayers and sellers alike. […]

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India-US Defence Trade: GST and Tax Implications on F-35 Jet Deals

23 Apr, 2025

India’s Purchase of F-35 Jets: What Are the Tax Implications? India’s growing strategic alignment with the US, highlighted by the proposed purchase of F-35 fighter jets, opens a parallel discussion — not just on defence, but also on taxation and compliance. Focus Keyphrase: Tax implications on defence imports This isn’t just geopolitics. These billion-dollar deals […]

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Madras HC Upholds ED’s Right to Search TASMAC Under PMLA

23 Apr, 2025

The Madras High Court on April 23, 2025, upheld the Enforcement Directorate’s (ED) search operations at TASMAC’s headquarters, ruling that procedural inconvenience cannot override the mandate of economic justice. The court dismissed pleas filed by the Tamil Nadu government and TASMAC challenging the legality of ED’s search under the Prevention of Money Laundering Act (PMLA), […]

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