The Indian government remains married to promoting entrepreneurship and profitable development through duty impulses for startups and Micro, Small, and Medium Enterprises (MSMEs). The Union Budget 2025 presents a number of new incentives to palliate fiscal pressures and encourage business growth. This composition discusses the new tax incentives and benefits for startups and MSMEs in […]
Delhi High Court examines Nokia Network OY’s Permanent Establishment (PE) status in India, addressing taxation on software revenue, interest income & vendor financing.
CBIC offers a waiver of late fees for delayed GSTR-9C filings from FY 2017-18 to 2022-23. Act now to avoid penalties. Learn about GSTR-9 and GSTR-9C requirements.
CBDT updates income tax rules and forms for business and securitization trusts. Notification 17/2025 amends Rules 12CA & 12CC, impacting Forms 10IH, 64A-F, for streamlined reporting.
The RBI has revised prudential norms for Urban Co-Op Banks, including small loan limits, real estate exposure, and provisioning requirements.
IBBI suspends Insolvency Professional Rita Gupta for six months due to regulatory violations in a liquidation case. Investigation ordered for RP Rakesh Takyar.
Allahabad High Court rules that clerical errors in e-way bills do not justify penalties or seizures unless tax evasion is proven. Read more on the case details.
Key updates on Indian Customs, including trade facilitation, GST awareness, sports events, and major enforcement actions on tax evasion and counterfeit goods.
Learn how to smartly allocate your tax savings in 2025—repay loans, invest in mutual funds, boost spending, or explore business opportunities.
A regulatory sandbox allows fintech, especially start ups to test their products with fewer regulatory requirements, with less risk of regulatory enforcement action and proper guidance from regulators for improvement.