12 Feb, 2025
Introduction The applicability of GST on leasehold rights transfers has sparked debate in the taxation landscape. A recent Gujarat High Court ruling has provided relief to businesses by ruling that GST is not applicable on the transfer of leasehold rights. However, the government is now considering a Special Leave Petition (SLP) in the Supreme Court […]
Read More12 Feb, 2025
Centre’s Retrospective GST Amendment: Legal and Industry Concerns The Centre’s move to introduce a retrospective amendment to Section 17(5) of the Goods and Services Tax (GST) Act in Budget 2025 has triggered widespread legal and industry debate. The amendment seeks to nullify a Supreme Court ruling that previously allowed real estate firms to claim Input […]
Read More12 Feb, 2025
GST Evasion of ₹1.88 Lakh Crore Uncovered by CGST Officers The fight against GST evasion has intensified, with Central GST (CGST) officers detecting fraudulent activities worth ₹1.88 lakh crore between April and December 2024. This marks a significant challenge in India’s tax administration, revealing deep-rooted input tax credit (ITC) fraud and fake registrations. But what […]
Read More12 Feb, 2025
E-Way Bill Generation Hits an All-Time High in January 2025 India witnessed an unprecedented surge in e-way bill generation in January 2025, with a total of 118.15 million bills issued, marking the highest ever recorded in a single month. This is a significant increase from 112.02 million in December 2024 and represents a 23.1% year-on-year […]
Read More11 Feb, 2025
Adani Health City: A Bold Step in Healthcare Innovation The Indian healthcare landscape is set for a major transformation with the launch of Adani Health City (AHC). This ambitious project, backed by an investment of ₹6,000 crore (approximately $686 million), aims to bridge the gap between world-class medical care and accessibility. With Mayo Clinic as […]
Read More11 Feb, 2025
RBI’s Forex Market Intervention: How the Rupee Bounced Back The Indian rupee recently staged a remarkable recovery, crossing the 87 mark against the U.S. dollar. This turnaround comes after strategic interventions by the Reserve Bank of India (RBI), which played a crucial role in stabilizing the currency amidst global economic pressures. Key Factors Behind the […]
Read More11 Feb, 2025
Understanding the Recent Crypto ETF Outflows Cryptocurrency Exchange-Traded Funds (ETFs), especially those linked to Bitcoin and Ethereum, have recently faced significant net outflows. While crypto markets have seen volatile price movements, ETF flows can signal investor sentiment and broader market trends. On February 10, 2025, Bitcoin spot ETFs recorded a net outflow of ₹1,550 crore […]
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Elon Musk vs. Sam Altman: The OpenAI Takeover Battle Elon Musk, backed by a consortium of investors, recently made a $97.4 billion bid to take control of OpenAI’s nonprofit governing entity. His goal? To return OpenAI to its “open-source, safety-first” mission, which he believes has been lost in its shift toward a for-profit model. However, […]
Read More11 Feb, 2025
🔍 Why is the RBI Stocking Up on Gold? Gold has seen a sharp rise in 2025, surging over 10% in value. Central banks worldwide, including the Reserve Bank of India (RBI), have been aggressively adding gold to their reserves. But why? Is this just a hedge against inflation, or is there a bigger strategy […]
Read More11 Feb, 2025
GST on Assignment of Leasehold Rights: What the Gujarat HC Verdict Means for Taxpayers The levy of Goods and Services Tax (GST) on transactions related to land has been a contentious issue. One such debate has revolved around the taxation of assignment of leasehold rights, which allows a lessee to transfer their lease interest to […]
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