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GST Impact on Mutual Fund Distributors from 1st April 2026

April 12, 2026 2595 Views 0 comment Print

The new BER-SER structure separates GST from commissions, reducing base payouts. Non-registered distributors face direct income loss as GST is no longer embedded.

GST on Notice Pay Recovery: Why It Is Not Taxable Under CGST Law

March 31, 2026 2640 Views 0 comment Print

Notice pay recovery is treated as a contractual penalty, not a consideration for service. The key takeaway is that such recoveries do not qualify as ‘supply’ and are not liable to GST.

Place of Supply of Services Rules Under GST

March 19, 2026 1743 Views 0 comment Print

GST liability depends on correct determination of place of supply. The rules define whether a transaction is intra-State or inter-State.

GST on Mutual Fund Distributors and Insurance Agents Commission

February 10, 2026 4467 Views 1 comment Print

Individual term and health insurance premiums become GST-free from 22 September 2025. Agent commissions and mutual fund distribution taxes remain unchanged, preserving existing compliance rules.

What factors contribute to high cost of electric vehicles (EV) in India?

October 1, 2025 1296 Views 0 comment Print

Electric car adoption in India is slowed by high costs, primarily driven by expensive, imported lithium-ion batteries and a higher quantity of semiconductor chips per vehicle.

Comparative Analysis: Income Tax Act 1961 vs. Income Tax Bill 2025

February 13, 2025 42558 Views 1 comment Print

A detailed comparison of key provisions in the Income Tax Act, 1961, and the proposed Income Tax Bill, 2025, highlighting major changes and updates.

Cost Inflation Index Update FY 2024-25: Key Changes Explained

February 9, 2025 7503 Views 0 comment Print

Understand the changes to the Cost Inflation Index for FY 2024-25, including indexation removal on long-term capital gains and new tax rules for assets post-July 23, 2024.

Key GST Changes in Budget 2025: Impact & Compliance

February 8, 2025 3825 Views 0 comment Print

Budget 2025 brings key GST amendments, affecting ITC claims, compliance, and penalties. Learn how these changes impact businesses, real estate, and logistics.

Landmark Judgements of SC on Input Tax Credit for Construction Under GST

February 7, 2025 12873 Views 2 comments Print

SC clarifies ITC on construction under GST, applying the functionality test. High Court to decide if malls qualify as plants for ITC eligibility.

UPS vs NPS vs OPS: Comprehensive Guide to Pension Schemes

January 28, 2025 5010 Views 2 comments Print

Compare UPS, NPS, and OPS pension schemes. Understand their features, benefits, drawbacks, and eligibility criteria to choose the right plan for your retirement.

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