India’s petroleum export earnings rose nearly 50% between April and September 2026, even as the country shipped 16% less fuel overseas. At first glance,...
Minimum Alternate Tax (MAT) has long been a cornerstone of India’s corporate tax framework, designed to ensure that companies reporting substantial book profits do...
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...