One of the main ways the government raises money is through taxes, which also have a big impact on a nation’s economic growth. In India, public welfare initiatives including infrastructure development, healthcare, education, and social security programs are funded by taxes paid by both individuals and corporations. In addition, people frequently search for methods to lower their tax liability
CAG opens 2026–27 empanelment under Sec 139(5)&(7). Online form, acknowledgement & hard copy by 10 March mandatory or application invalid.
GST for Charities & NGOs: The Big Changes You Must Know (Registration Relief, ITC Blocks, RCM Shifts & Key Clarifications) INTRODUCTION India’s GST framework for charities and NGOs balances generous exemptions with tricky compliance edges. Recent amendments—especially from 2023 through early 2025—have redrawn key boundaries by bringing retrospective relief on GST registration, inserting a specific […]
SEBI’s 2026 consultation paper highlights how the T-2 NAV system distorts ETF pricing during volatility. A shift to T-1 and flexible price bands could transform gold and silver ETF trading.
The Tribunal held that commission earned for promoting foreign universities qualifies as export of services and does not fall within Rule 2(f) definition of intermediary service. Demand, interest, and penalties were set aside.
The Court held that allegations of forged extension and duress require factual examination by the Adjudicating Authority, maintaining status quo on seized gold and cash.
The High Court granted a second opportunity after finding that assessment orders were passed without reply, as notices were sent to an old employee’s email ID.
The Court held that bona fide purchasers cannot be denied ITC merely because the supplier failed to deposit GST, applying the reading down principle to Section 16(2)(c).
The High Court denied bail, holding that serious allegations of loan diversion through shell entities were supported by bank records and witness statements. The petitioner failed to satisfy the twin conditions under Section 45 of the PMLA.
The High Court granted a post-decisional hearing after finding that a proper Chartered Accountant’s certificate with UDIN was not filed before the appellate authority. The matter was remanded for fresh consideration with liberty to submit relevant documents.
