Wider input tax credit, faster refunds and changes to enforcement: the latest GST recommendations go beyond tax rates and focus on how businesses experience...
The Reserve Bank of India’s monetary policy decisions have implications that extend beyond the banking sector. A 25-basis-point repo rate hike may appear modest,...
The Finance Bill, 2026 introduces important refinements to the direct tax regime with a clear focus on easing compliance and reducing avoidable disputes. These...
Union Budget 2026 introduces targeted reforms aimed at easing compliance, reducing litigation, and rationalizing personal taxation. While tax rates remain unchanged, several structural and...
A Paradigm Shift Towards Disciplined Tax Compliance-
In India’s evolving tax ecosystem, TDS and TCS compliance has moved from being merely procedural to becoming time-bound...
The Black Money Act is meant to be strict.But even strict laws have limits.
The core issue
Can the tax department reopen a concluded assessment under...
The GST valuation framework has witnessed a significant shift with the insertion of Rule 31D of the CGST Rules, 2017, notified vide Notification No....
Tax law often forgets one thing: real life doesn’t move at the speed of statutes.Construction approvals get delayed. Plans change. Timelines slip.
The Kolkata Bench...
In India, marriage changes almost everything social status, financial responsibilities, lifestyle choices.
Except one thing.
Income tax.
Even after marriage, the tax system continues to treat spouses...