16 May, 2025
Gameskraft Poker Pause: What It Means for Online Gaming GST Compliance The Gameskraft poker pause is making headlines. Starting May 30, 2025, Gameskraft has announced a temporary halt of its real-money poker platform, Pocket52, citing an internal strategic review. This move comes amid ongoing legal and tax scrutiny of the online gaming industry—especially after the […]
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IntroductionSupreme Court GST hearing on online gaming, casino platforms, and Rule 31A of the CGST Rules is underway. With over ₹1.5 lakh crore in tax demands, this case could redefine GST scope for the digital economy. What Is the Case About? Legal Provisions Involved Provision Description Rule 31A(3) Mandates 28% GST on face value of […]
Read More16 May, 2025
AI to Track Tax Evasion in Andhra Pradesh A New Era in Tax Compliance The focus keyphrase “AI to track tax evasion” is gaining attention as the Andhra Pradesh government becomes one of India’s first states to officially deploy artificial intelligence (AI) for detecting tax fraud and leakages. This marks a major tech shift in […]
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Kerala’s Tax Strategy 2025 A Lesson in Resilience Kerala’s tax strategy 2025 is turning heads. Despite mounting fiscal pressure and economic challenges, the state posted higher revenue collections. In his latest remarks, Finance Minister K.N. Balagopal highlighted how Kerala “mopped up” both tax and non-tax revenues — showcasing what other states can learn from this […]
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GST Classification of Polyolefin Non-Woven Fabrics Under CETH 5603 India’s textile industry often faces GST disputes over tariff classification, especially for non-woven fabrics. A recent CESTAT decision has brought much-needed clarity on polyolefin-based non-woven fabrics, confirming their classification under CETH 5603. This blog simplifies the ruling and its GST impact for importers, textile manufacturers, and […]
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India’s Export Performance in April 2025 Sector-wise Highlights India’s export performance April 2025 signals renewed momentum for the economy. Backed by engineering goods, pharma, and electronics, merchandise and services exports continue their upward trend despite global challenges. Here’s a simplified breakdown of the numbers and what they mean for Indian exporters. Key Trade Figures – […]
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Summary DPIIT has approved 187 startups for tax benefits under the revised Section 80-IAC. The eligibility window is now extended to startups incorporated until 1st April 2030, offering a major boost to India’s innovation ecosystem. Section 80-IAC Tax Relief Extended: Big Boost for DPIIT-Recognised Startups In a landmark move, the Department for Promotion of Industry […]
Read More16 May, 2025
Section 80-IAC Tax Relief Now Extended Till April 2030 The focus keyphrase “Section 80-IAC tax relief” brings big news for Indian startups. In a major boost to innovation and entrepreneurship, the Department for Promotion of Industry and Internal Trade (DPIIT) has approved 187 startups for income tax exemption under the revised Section 80-IAC framework. More […]
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Intro:GST advisory on Table 3.2 in GSTR-3B was recently issued by GSTN to avoid state-wise data mismatches in IGST reporting. If you’re filing GSTR-3B and dealing with inter-State supplies, this blog simplifies what you need to know and how to comply. What is Table 3.2 in GSTR-3B? Table 3.2 captures inter-State outward taxable supplies made […]
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Why Input Tax Credit Rules Need a Rethink in 2025 The input tax credit rules (ITC) under GST are once again under scrutiny. As businesses across India face working capital crunches and operational delays, tax experts and industry bodies are calling for bold reforms to unlock cash flow and reduce compliance stress. What Is Input […]
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