Indian banks have written off Rs. 16.35 lakh crore in bad loans over the last decade. Learn about the regulatory reasons for these write-offs, ongoing recovery efforts, and strategies to prevent future loan defaults.
Understand how GST rate reductions impact unregistered retailers. Learn about the challenges of margin squeeze and competitive disadvantage due to a lack of Input Tax Credit.
Learn how to manage ITC post-GST rate rationalization. Understand the rules for carry-forward vs. reversal, and the importance of compliance for businesses.
Learn about GST 2.0’s simplified tax structure, its impact on consumers and industries like FMCG, auto, and insurance, and the challenges faced by some sectors.
A comprehensive guide for GST practitioners on managing the GST 2.0 transition. Includes protocols for stock management, HSN codes, and litigation prevention.
Explore the key differences between the UAE’s federal VAT and India’s dual GST. Compare tax rates, administration, and complexity in these two tax systems.
Understand GST Rule 42 for ITC reversal on inputs and input services. Learn how to calculate proportionate reversal for businesses with both taxable and exempt supplies.
Explore the four key eras of India’s economic development, from post-independence to the vision for a developed nation by 2047, with key policy reforms and growth indicators.
The Karnataka Taxpayers Association raises concerns over GST system issues, including the disregard of taxpayer replies, non-crediting of payments, and bank account attachments.
Indian freelancers, consultants, and creators face tax scrutiny over TDS mismatches and the use of presumptive taxation provisions. Learn about the compliance challenges.