West Bengal’s GST share dropped from 4.6% in 2019-20 to 4% in 2024-25. Learn about factors affecting revenue, government measures, and compliance reforms.
Government addresses Supreme Court judgment on tax exemptions for clergy and its implications on Hindu Undivided Families (HUFs) under the Income Tax Act.
Government addresses GST exemption on health & life insurance premiums, forming a GoM for review. Key updates on current exemptions and related schemes.
The government addresses GST complexities with reforms, fraud crackdowns, and MSME compliance relief. Learn about tax slabs, exemptions, and new policies.
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.
