A new GST circular clarifies the tax treatment of post-sale discounts, specifying when Input Tax Credit (ITC) can be availed and when discounts are not considered a separate supply.
CAAR Mumbai permits Unibourne Food Ingredients LLP to withdraw its application on customs duty notification for shelled walnut imports.
Overview of OECD BEPS 2.0, India’s Equalization Levy, and global efforts to address indirect taxation of digital trade in developing countries.
Learn about Fringe Benefit Tax (FBT), a former Indian tax on employers. This guide covers its introduction, controversial rules, and why it was abolished in 2009.
Understand the key deductions for AY 2025-26 under the new tax regime, including standard deduction, NPS, and the ₹7 lakh tax rebate.
CBIC issues Customs Finalisation of Provisional Assessment Regulations 2025, setting timelines, procedures, and penalties for import-export duty cases.
IFSCA circular permits Global Access Providers and Introducing Brokers to use authorized payment service providers for client funds, alongside IFSC Banking Units.
SEBI Board approves key reforms: adjusted MPO/MPS rules, enhanced anchor investor framework, RPT threshold changes, FPI/FVCI access, and mutual fund investor protection measures.
IFSCA extends deadline for capital market intermediaries to meet revised net worth norms under 2025 regulations from October 1 to December 31, 2025.
