25 Jul, 2025
India-UK CETA Deal: What It Means for Trade & Taxation India and the UK have signed a landmark Comprehensive Economic and Trade Agreement (CETA), a strategic move poised to reshape bilateral trade, job creation, and skilled mobility. The India-UK CETA deal is not just a tariff-cutting pact — it’s a platform to simplify regulatory barriers, […]
Read More25 Jul, 2025
Bottom 50% Bear Undue GST Burden: Study Highlights Urgent Tax Reform Need A recent study reveals that the bottom 50% bear undue GST burden in India. While GST was introduced as a uniform, consumption-based tax to boost compliance and simplify rates, its regressive nature is now being questioned. The findings call for serious introspection into […]
Read More24 Jul, 2025
Delhi HC Relief on Duplicate GST Orders: What Taxpayers Should Know Duplication of GST order on the portal is not just a tech error—it can have serious compliance consequences. In a recent ruling, the Delhi High Court stepped in to protect taxpayer rights when the same Show Cause Notice (SCN) was issued and adjudicated twice, […]
Read More24 Jul, 2025
Settlement Under Vivad Se Vishwas Cannot Be Reopened by Rectification: ITAT Rules The Income Tax Appellate Tribunal (ITAT) recently quashed a ₹1.13 crore rectification demand passed after a taxpayer had already settled the matter under the Vivad Se Vishwas scheme. The Tribunal ruled that such rectification is legally unsustainable, bringing relief to thousands of assessees […]
Read More24 Jul, 2025
SEBI Research Analyst Regulations: FAQs Simplified for Compliance The SEBI Research Analyst Regulations are mandatory for anyone offering investment advice through research reports or recommendations. On 23 July 2025, SEBI issued a fresh set of FAQs to clarify the grey areas — from registration to conflict of interest rules. In this blog, we break down […]
Read More24 Jul, 2025
LLP Investment Gains May Face 18.5% Tax: What You Need to Know The government may soon impose an 18.5% tax on LLP investment gains, aligning their taxation with companies under the MAT (Minimum Alternate Tax) framework. If this proposal moves ahead, it could reshape how startups, PE/VC funds, and professionals choose between LLPs and private […]
Read More24 Jul, 2025
Tax Benefits for UPS Buyers: What the New Policy May Offer The government is reportedly working on a policy to offer tax benefits for UPS buyers, aiming to promote energy reliability for households and small businesses. The move comes amid rising power outages and increased dependence on electronic devices post-pandemic. If implemented, these benefits may […]
Read More24 Jul, 2025
GST burden on bottom 50%: What the study reveals A recent CEPR study on India’s GST system has uncovered a striking imbalance: the bottom 50% of consumers bear the same GST burden as the middle 30%, despite earning far less. Meanwhile, the top 20% pay proportionally less as a share of their consumption. GST: A […]
Read More24 Jul, 2025
IDBI Bank disinvestment is nearing completion, with the government eyeing a deal by December 2025. The transaction, expected to fetch over ₹50,000 crore, could help the Centre exceed its ₹47,000 crore disinvestment target for FY 2025–26. With private players like Kotak Bank and Fairfax in the fray, let’s decode what this means for investors, tax […]
Read More24 Jul, 2025
New Income Tax Bill simplifies compliance rules The New Income Tax Bill promises a major shift for Indian taxpayers by halving the word count of the 1961 Act and reducing compliance burdens. According to BJP MP Baijayant Jay Panda, this structural overhaul aims to make tax law more understandable and enforceable for all stakeholders—especially small […]
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