An analysis of GST liability for renting commercial property from an NRI. The tax must be paid under the reverse charge mechanism (RCM), attracting CGST and SGST.
The NIC has enabled new criss-cross features between E-Way Bill portals 1 and 2, including Part B updates for Part A slips, extensions, and transporter updates.
The Ministry of Road Transport & Highways introduces a new annual FASTag pass for non-commercial vehicles, effective August 15, 2025, allowing for 200 crossings.
SEBI has amended its FPI regulations. The changes introduce exemptions for foreign investors who invest solely in Government Securities, simplifying compliance.
SEBI’s consultation paper proposes new rules for RTAs, including activity-based regulation, a single RTA category, and institutional mechanisms to prevent fraud.
PAN 2.0 to simplify PAN/TAN processes with tech upgrades. Project to launch in 18 months post MSP onboarding. India has over 81 crore PAN holders.
Corporate tax rate cuts led to higher direct tax collections and rise in manufacturing units. Govt offers incentives to attract global firms and startups.
TRAI issues advisory on scams misusing its name like digital arrest, SIM deactivation, and fake tower offers. Public urged to stay alert and report frauds.
CBI acts on SC orders, registers 22 cases against NCR builders and financial officials over homebuyer fraud. Raids conducted at 47 premises across NCR.
IFSCA issues Master Circulars for capital market intermediaries in IFSC covering regulations, operations, and compliance under 2025 guidelines.