Supreme Court is hearing appeals challenging a Karnataka HC ruling that games of skill like Rummy are not gambling and not subject to GST as betting/gambling.
Summary of recent Indian economy and GST developments: US tariffs, revised growth forecasts, new GSTAT rules, GST registration updates, key court rulings, and April 2025 collection data.
GSTN issued advisories on SPL forms, IRN case insensitivity from June 2025, GSTR-1 Table 12 changes, and GSTR-3B Table 3.2 auto-population becoming non-editable from April 2025.
Understand recent Supreme Court decisions on GST ITC denial due to supplier errors. Learn about taxpayer rights to correct genuine mistakes.
Finance Act, 2025 exempts service tax on reinsurance under crop insurance schemes for 2011-2017. Refund claims must be filed within six months of enactment.
Latest GST advisories, compliance deadlines, and updates on tax evasion and insurance-related GST policies for March 2025. Key actions for taxpayers included.
Gujarat High Court rules transfer of leasehold rights in land is not subject to GST, clarifying it as transfer of immovable property.
GST rate on old and used vehicles, including EVs, increased from 12% to 18% effective 16 Jan 2025. Applicable on margin value for registered suppliers only.
Get the latest GSTN advisories on e-way bills, ITC rectification, HSN codes, GSTR-2B, waiver schemes, and CBIC’s caution on fake summons. Stay updated on GST changes.
Budget 2025-26 focuses on growth, tax relief, and investment. GDP projected at 6.3-6.8%, new tax slabs ease burden on middle class, and economic reforms drive progress.