In a Lok Sabha response, the government clarified that GST raids are intelligence-based and state-specific, with no central record of raid numbers or directives on raid quotas.
The government confirms GST on flex-fuel vehicles remains at 28%, but the Ministry of Road Transport & Highways has asked states to consider reducing road tax.
In a Lok Sabha response, the government clarified its stance on VDAs, stating no plans to revise crypto taxes or launch ETFs, while outlining existing regulations and investor warnings.
Finance Minister clarifies GST rules on apartment maintenance charges, explaining the exemption limit, who is responsible for compliance, and the rationale behind the tax rate.
A new digital credit model for MSMEs leverages data from sources like GST and ITRs for faster loan approvals, reducing paperwork and processing time.
KSCAA represents to the Finance Minister on the misapplication of GST Section 74 notices for small demands, urging restriction to cases of demonstrable fraud.
KSCAA represents to MCA on filing challenges, including CHG-9, PAS-4, and name approvals, proposing systemic reforms for smoother corporate compliance.
KSCAA represents to CBIC on Invoice Management System issues, addressing GSTR-3B credit note limitations, bulk action utility, and compliance burden.
KSCAA represents to the Finance Minister on GST Rule 37A, seeking to enable ITC reclaim when tax is paid via DRC-03 or recovered, addressing current limitations.
New Delhi, India & London, UK – A significant stride in international trade relations was marked on July 27, 2025, with the signing of the Comprehensive Economic and Trade Agreement (CETA) between India and the United Kingdom. This landmark agreement, signed by India’s Commerce and Industry Minister Shri Piyush Goyal and UK Secretary of State […]
