14 Jun, 2025
Introduction Invocation of writ jurisdiction has faced new restrictions as per a recent Delhi High Court ruling involving fraudulent Input Tax Credit (ITC) claims. This ruling clarifies when taxpayers can or cannot approach High Courts under Article 226 in GST disputes. Background: What is Writ Jurisdiction? Delhi HC Ruling: The Facts Court’s Observations Key Takeaways […]
Read More14 Jun, 2025
What is DGFT’s ‘Source from India’? The DGFT Source from India initiative, launched on the Trade Connect ePlatform, aims to help Indian exporters — especially Status Holders — showcase their products globally and connect with genuine overseas buyers. This move aligns with the Foreign Trade Policy 2023 to boost India’s share in global exports through […]
Read More14 Jun, 2025
Introduction The Complete Scrutiny Guidelines for FY 2025-26, recently released by the CBDT, set clear procedures for selecting income tax returns for detailed examination. Understanding these guidelines is crucial for taxpayers, consultants, and businesses to avoid unnecessary disputes and ensure timely compliance. What are Complete Scrutiny Guidelines? Complete scrutiny is a thorough examination of an […]
Read More14 Jun, 2025
Delhi GST Virtual Hearing Guidelines: What You Must Know The Delhi GST Virtual Hearing Guidelines now make it compulsory for all hearings under the Delhi GST Act and Rules to be conducted through video conferencing. This move aims to ensure transparency, reduce delays, and promote ease of doing business for taxpayers and consultants alike. Background […]
Read More14 Jun, 2025
India’s Sixteenth Finance Commission States’ Share Explained The Sixteenth Finance Commission is expected to maintain the states’ share in central taxes at 41%, despite demands from various states to raise it to 50%. This decision aligns with past commissions but carries fresh implications for state budgets, taxpayers, and future revenue distribution. Why 41% and Not […]
Read More14 Jun, 2025
Understanding Advance Tax for FY 2025-26 If your total tax liability for the year exceeds ₹10,000 (after TDS), you must pay it in installments—this is called Advance Tax. The first installment for FY 2025-26 is due by 15th June 2025. Who Needs to Pay Advance Tax? You must pay Advance Tax if you are: Relevant […]
Read More14 Jun, 2025
Introduction Delayed TDS payment is a common compliance slip for many businesses and individuals. In a recent case, the Jharkhand High Court quashed penalty proceedings under the Income Tax Act, noting that the taxpayer had already paid the due tax with interest. This blog simplifies the case and its implications for Indian taxpayers. Background of […]
Read More14 Jun, 2025
FMRAI Demands GST Abolition on Medicines: Here’s Why It Matters The Federation of Medical and Sales Representatives’ Associations of India (FMRAI) has renewed its demand for GST abolition on medicines to make healthcare more affordable. They argue that taxing essential drugs burdens patients, especially during times of rising healthcare costs. In this blog, let’s break […]
Read More14 Jun, 2025
Karnataka’s middle class is raising its voice for affordable, regulated bike taxi services. Frequent Uber and Rapido users argue that proper regulation can solve high auto fares, bad roads, and governance issues — all of which drain taxpayers’ money and patience. This blog explains why regulated bike taxis in Karnataka are necessary and how the […]
Read More14 Jun, 2025
Kerala GST Filing Crisis: What’s Happening? The Kerala GST filing crisis has hit thousands of taxpayers this June. A sudden update in HSN code requirements and an unexpected glitch in the GSTN portal have made it tough for traders, businesses and tax consultants to file returns on time. Here’s a clear breakdown of what’s causing […]
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