GST on leased properties remains at 18%. Recent changes exclude composition taxpayers from reverse charge liability. No central data on leased properties.
CCI’s directive restricting WhatsApp data sharing for ads faces an interim stay by NCLAT. Government awaits legal resolution on data privacy concerns.
The government exempts import duties on specific life-saving drugs for rare diseases under set conditions. Learn about eligibility and exemption procedures.
GST on commercial training is 18%, while educational institutions’ services and books are exempt. Details of GST collection and measures for education affordability.
The government considers GST reforms based on GST Council recommendations. Recent changes include ITC extension, interest waivers, and compliance easing.
Corporate tax collections rose post rate cuts from AY 2020-21, except during COVID. Budget 2025 proposes presumptive tax for electronics manufacturers.
IBBI denies RTI appeal citing fiduciary exemption under Section 8(1)(e). The requested MSME-related information was withheld. Appeal disposed on Feb 10, 2025.
Avoid GST phishing scams. GSTN never asks for personal details via calls, emails, or SMS. Verify sources and avoid clicking on untrusted links.
SEBI proposes a mechanism to manage unclaimed client funds and securities with Trading Members. Public comments invited until March 4, 2025.
ICAI issues updated Merger and Demerger Guidelines 2024 to streamline processes for CA firms, encouraging strategic mergers. Effective immediately.
