Proposed GST Reduction India's GST Council, chaired by the federal finance minister, is reportedly considering reducing the Goods and Services Tax (GST) on food delivery charges levied by e-commerce platforms.…
What is Advance Tax? Advance tax is a system where taxpayers pay a portion of their income tax liability in instalments throughout the financial year, rather than paying it all…
Surge in MSME Export Value Micro, Small, and Medium Enterprises (MSMEs) in India achieved exports worth Rs 12.39 lakh crore during the April-November FY25 period, exceeding the Rs 8.55 lakh…
GST Department's Tax Demand Zomato, the popular food delivery platform, has been issued a tax demand of Rs 803.4 crore by the GST department in Thane. The demand pertains to…
No Assessment on MSME Damage Due to Conflict In a response to a query raised by Congress MP A. Bimal Akoijam, the Union government informed the Lok Sabha on December…
Introduction of Biometric Verification for GST Registration On December 8, 2024, the Goods and Services Tax Network (GSTN) announced a new initiative for GST registration in Haryana, Manipur, Meghalaya, and…
Health Risks from Newspaper Ink The practice of wrapping, storing, and consuming food in newspapers, common in many Indian households, has been deemed dangerous by the Food Safety and Standards…
Focus on MSME Sector Inputs Finance Minister Nirmala Sitharaman chaired a pre-Budget consultation with representatives from Micro, Small, and Medium Enterprises (MSMEs) to gather suggestions for the 2025-26 Budget. This…
Introduction to GST Rate Adjustment The Group of Ministers (GoM) on GST rate rationalization has proposed increasing the tax rate on sin goods, including aerated beverages, cigarettes, and tobacco products,…
Market Evolution and Growth Drivers The global Digital Signature Market has experienced significant growth, driven by evolving consumer preferences, technological advancements, and a heightened focus on security and sustainability. The…