The Authority held that delivery charges collected from unregistered consumers are exempt from GST when classified as GTA services through issuance of consignment notes. The ruling hinges on recipient liability and statutory interpretation under the CGST Act.
The article analyses proposals to expand tax-free income and rationalise slabs, arguing that higher thresholds would better reflect ability to pay and promote economic justice.
Explains how agricultural income is defined under the Income Tax Act and why it is exempt under Section 10(1). Clarifies judicial safeguards and partial integration rules to prevent misuse.
This analysis explains how bundled obligations in GIS contracts impact revenue timing and profitability. It highlights the importance of accurate performance obligation assessment and disciplined forecasting to avoid financial misstatements and losses.
The High Court confirmed life imprisonment for parents who poisoned their mentally ill daughter, ruling that personal hardship cannot justify murder. The judgment stresses absolute parental responsibility.
Tax liability depends on days spent in India, not citizenship. Understanding ROR, RNOR, and NR status determines whether global income is taxable.
Courts differ on whether statutory liens qualify as security interests under the IBC. The issue impacts secured creditor status and liquidation priority.
Residential classification under Section 6 decides whether only Indian income or global income is taxable. Annual day-count tests directly impact total tax liability.
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
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 […]
