GST AAR West Bengal denies tax exemption for Webel Support Multipurpose Service Co-op Society, ruling their manpower services are not exempt under GST law.
Summary of income tax, GST, customs, SEBI, RBI, and IBC updates for the week ending March 2, 2025. Includes regulatory changes, court rulings, and compliance updates.
Learn about IMF Registration for private limited companies, its process, requirements, and benefits. Expand into insurance marketing with IRDAI approval.
Businesses opting for LLP registration in India benefit from lower compliance burdens, tax advantages, and an easier business setup. This makes LLPs an ideal choice for startups and small businesses looking for a secure and cost-effective way to grow.
Understand eTDS return corrections, the six-year revision limit, and challenges in claiming TDS credit. Learn how tax adjustments impact deductees.
Explore our analysis on including Company Secretaries as Accountants under the Income-Tax Bill 2025. Benefits include improved compliance, cost efficiency, and governance.
Review crucial GST, corporate, and labor law compliance for FY 2024-25. Key action points include ITC claims, GST refunds, RCM, invoice corrections, and more.
Calcutta High Court rules in favor of an exporter, overturning a GST refund rejection due to portal issues, citing natural justice violations.
Examining the economic impact of agri-commodity trade under FTAs. Wheat trade case study highlights supply-demand equilibrium, inflation, and employment concerns.
While tax avoidance is legal and involves strategic tax planning, tax evasion is illegal and constitutes fraudulent activities to escape tax obligations. Understanding this fine line is crucial for individuals, businesses, and policymakers. This blog explores the key differences between tax avoidance and tax evasion, supported by case laws and examples.