12 Jun, 2025
Crude Ethanol GST Cut A Turning Point for Biofuels? Union Minister Nitin Gadkari has urged the Finance Ministry to reduce GST on crude ethanol, currently taxed at 18%. The move could drastically boost India’s biofuel capacity, reduce import dependence, and support farmers. This blog decodes what this proposal means for taxpayers, the ethanol industry, and […]
Read More12 Jun, 2025
GST Filing Gets Tougher from July Here’s What You Must Know From July 2025, GST filing gets tougher—especially when it comes to GSTR-3B. The CBIC is tightening controls on reporting, corrections, and auto-population. Errors, even minor, could lead to mismatches, notices, and denial of credit. If you’re a business owner or consultant, here’s a clear […]
Read More12 Jun, 2025
E-Filing Made Easy Who Should File ITR-4 (Sugam)? Not sure if ITR-4 is for you?This guide simplifies eligibility, exclusions, and expert tips so Indian taxpayers can file confidently using the right form. What is ITR-4 (Sugam)? ITR-4, also called Sugam, is a simplified return form for presumptive income taxpayers—typically small business owners, professionals, and freelancers […]
Read More12 Jun, 2025
Madras HC Quashes Section 168A Notifications What It Means for GST Cases In a significant ruling, the Madras High Court has struck down notifications issued under Section 168A of the CGST Act, which extended the time limit for adjudication of GST proceedings related to FY 2017–18, 2018–19, and 2019–20. This judgment—MS TATA PLAY LIMITED v. […]
Read More12 Jun, 2025
Adani Airport Fundraise A $1B Signal of Global Infra Confidence The Adani Airport fundraise is making headlines as the group prepares to raise up to $1 billion from global investors. This marks the first external equity infusion in the group’s fast-growing airport vertical and comes amid India’s broader infrastructure push. With seven operational airports and […]
Read More12 Jun, 2025
ITR 1 and ITR 4 Offline Utility AY 2025-26 Now Live The Income Tax Department has released a Common Offline Utility for filing ITR 1 and ITR 4 for Assessment Year (AY) 2025–26. This new tool allows taxpayers to prepare and file their income tax returns offline before uploading them to the e-filing portal. Let’s […]
Read More12 Jun, 2025
Refund of Input Tax Credit High Court Provides Major Relief to Closed Businesses In a landmark judgment, the High Court has upheld the refund of input tax credit (ITC) to taxpayers who have closed their business. This decision is a major relief to GST-registered entities looking to exit the tax net after ceasing operations. Let’s […]
Read More12 Jun, 2025
Why Indian Startups Choose Cayman Islands for Incorporation In recent years, several Indian SaaS startups have opted to register holding entities in the Cayman Islands — a move driven by global ambitions and favourable tax structures. But this strategy comes with both opportunities and regulatory risks. Let’s break it down. Key Benefits of Cayman Islands […]
Read More12 Jun, 2025
India’s New Toll Tax Policy: How Kilometer-Based Tolling Will Work As per recent government announcements, toll charges will soon be levied based on the exact distance travelled, rather than fixed toll booth rates. This move aims to make toll payments more transparent, fair, and efficient. What Is the Kilometer-Based Toll Policy? Under the new policy […]
Read More12 Jun, 2025
GST Amnesty Scheme Section 128A Advisory from GSTN on Filing Errors The GST Amnesty Scheme Section 128A has offered long-awaited relief to many taxpayers with pending returns from FY 2017–18 to 2019–20. But as the June 30, 2025 deadline approaches, several taxpayers are facing technical glitches while trying to file their amnesty applications on the […]
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