Right to avail ITC is conditional right
The Hon’ble Kerala High Court in the case of Tirupati Balaji Traders v. Union of India [W.P. (Civil) No. 16259 of […]
Important Pronouncements
News, Windfall Tax, Windfall tax
Withdrawal of Windfall Tax on Crude Oil Production in India Likely to Benefit Major Oil Firms
The Indian finance ministry is re-evaluating the windfall tax imposed on domestic crude oil production, as global oil prices have
PLI News
Bharat 6G Alliance Recommends Extension of PLI Scheme to Boost Mobile Device Manufacturing
The working group on device technology, sensors, and manufacturing systems, formed under the Bharat 6G Alliance, has made a significant
Anti-Dumping Duty
DGTR to Impose Anti-Dumping Duty on Chinese Drawer Sliders to Protect MSMEs
In a significant move to protect domestic micro, small, and medium enterprises (MSMEs) from unfair competition, the Directorate General of
INDIA GDP NEWS, India GDP News
RBI Predicts 6.8% GDP Growth For Q2FY25
The Reserve Bank of India (RBI) forecasts India’s GDP growth at 6.8 per cent for the second quarter of 2024-25,
GST Recent News
Gujarat journalist arrested in ‘GST scam’ case now booked for ‘possession of confidential files’
Mahesh Langa, a senior assistant editor at The Hindu, who has been in judicial custody in a case of alleged
News, Windfall Tax, Windfall tax
Finance Ministry to consider scrapping windfall tax on crude: Govt official
The finance ministry will take a decision on scrapping the windfall tax on local crude oil output, according to Tarun
TAX News
Supreme Court upholds state power to regulate and tax industrial alcohol in 8:1 majority judgment
A nine-judge bench of the Supreme Court on Wednesday (October 23) held that the state governments have the power to
Income Tax News, News
Number of income tax payers with over ₹1 crore of taxable income rises five times in ten years
The number of taxpayers with more than ₹1 crore of taxable income rose by more than five times to just
GST Recent News
AMMK General Secretary urges Central govt to remove of 18% GST on cable TV services
AMMK General Secretary TTV Dhinakaran has urged the central government to abolish the 18% GST imposed on cable TV services.