This article analyzes if judicial rulings (including Supreme Court’s ‘Arise India’) that declared ‘seller non-payment’ clauses unconstitutional under VAT Acts should apply to similar ITC conditions under GST, like Section 16(2)(c).
A tax consultants body requests a GSTR-3B filing deadline extension for September 2025 to October 30, citing Diwali closures, new GST 2.0 system implementation, and regional weather disruptions.
The RBI Account Aggregator framework mandates a ₹2 Cr NOF and digital-first compliance. Understand the AA licensing process, post-registration audits, and security requirements.
India launches the Goods and Services Tax Appellate Tribunal (GSTAT) with 31 Benches and a digital e-portal to expedite GST dispute resolution. Appeal filing deadline set for June 2026.
The DGFT has mandated that meat exporters must contribute to the Meat Export Development Fund (MEDF) for all shipments starting Oct 29, 2025. Compliance is required to avoid penalties.
Allahabad HC rules that Section 74 cannot be invoked for mere procedural errors. Penalties require fraud, willful misstatement, or deliberate suppression of facts.
Understand why ITR refunds are delayed, how processing works at CPC, and steps taxpayers can take to track status, verify accounts, and ensure smooth credit.
RBI amended FEMA regulations to permit Indian exporters to hold Foreign Currency Accounts in IFSC banks (like GIFT City). This move facilitates trade, reduces transaction costs, and manages exchange rate risk.
The Companies Act, 2013 increased the corporate compliance burden by introducing numerous new forms and strict deadlines, leading to “filing fatigue.” Frequent portal errors and high late fees for minor defaults now characterize the business environment.
Modern term insurance offers young professionals lower premiums, flexible options, and wider eligibility, enabling early financial protection and long-term security.
