The first Budget of the Tamilaga Vettri Kazhakan (TVK) government in Tamil Nadu faces a central question: before imposing new taxes, has the State collected every rupee legally due and spent existing…
The Telangana government has revised cinema ticket prices, allowing single-screen theatres with premium facilities to charge up to Rs 300 for premium seats, matching multiplex rates. The new Special Theatre category applies…
Kanpur resident Om Ji Shukla, a security guard with a monthly income of about Rs 10,000, received a GST notice on September 21, 2025, demanding over Rs 3 crore in tax. The…
The Madras High Court has criticised GST officials for making claims without supporting evidence, observing that "Harishchandras and Yudhishthiras have become an extinct species" and that no official's stand can be taken…
Social media creators and freelancers earning business or professional income have until 31 August 2026 to file their income tax returns for AY 2026-27, unless a tax audit is required. Livemint reports…
Indian freelancers earning from US IT companies must report income under 'Profits and Gains of Business or Profession'. Isha Sekhri of Isha Sekhri & Associates LLP explains that specified professionals can opt…
The Gujarat High Court on August 14 upheld the levy of GST on corporate guarantees given by parent companies to their subsidiaries, ruling that such guarantees fall within the taxable ambit of…
India's recent goods and services tax (GST) cuts are providing a crucial buffer for carmakers as they grapple with sharply higher commodity prices. Companies including Mahindra & Mahindra, Tata Motors, and Hyundai…
India's gross GST collections crossed Rs 2.11 lakh crore in July, the second-highest monthly mop-up since the regime began in July 2017. The 15.4% year-on-year growth outpaced the Union Budget's nominal GDP…
A new study by the Open Network for Digital Commerce (ONDC) says India's cab drivers could take home up to Rs 1.36 lakh more each year if ride-hailing platforms switched to a…
