GSTN has introduced important changes to strengthen tracking and transparency in goods movement. Businesses must understand the new requirements to avoid compliance risks and penalties.
GSTN has announced mandatory Ship-To GSTIN reporting and a new E-Way Bill closure facility. Businesses must update systems and processes to comply with the enhanced requirements.
The rise of GDPR, CCPA, and India’s DPDP Act is opening significant opportunities for Chartered Accountants. The key takeaway is that privacy compliance is emerging as a major advisory and assurance practice area.
Many taxpayers unknowingly omit income or financial transactions while filing returns. The key takeaway is that incomplete reporting can result in additional tax, interest, delayed refunds, and compliance costs.
Section 65 empowers GST authorities to conduct audits of registered taxpayers based on risk and compliance parameters. Understanding audit procedures, timelines, and taxpayer rights can help avoid disputes and unnecessary litigation.
SEBI overturned an earlier order that had exonerated the company, holding that key transactions allegedly created a misleading picture of its financial position. The ruling emphasizes that approvals and disclosures cannot override scrutiny of the economic substance of transactions affecting investors.
The document compiles 85 recent developments across financial regulation, anti-corruption enforcement, corporate investigations, anti-smuggling actions, and national security probes. It highlights increasing scrutiny, regulatory reforms, and inter-agency coordination.
The Supreme Court ruled that GST is payable on the full face value of bets placed on online gaming platforms and not merely on platform fees. The levy was held to be constitutionally valid and retrospective.
Taxpayers are advised to wait until departmental records are fully updated before filing AY 2026-27 returns. Filing too early may lead to mismatches, notices, and refund delays.
This article explains the tax exemption framework for charitable and religious trusts under the Income Tax Act, 2025. It covers registration requirements, exemption conditions, corpus donations, accumulation rules, and GST implications.
