For renting of commercial properties, GST is always applicable at 18%, provided the landlord is a registered person. The landlord is required to charge GST on the rent and remit it to the government ...

Indian local bodies can choose between cash-based or accrual-based accounting. Cash-based accounting is easy to maintain, and most small entities maintain it. On the other hand, accrual-based ...

Proceedings quashed as reason not provided for rejection of application for voluntary cancellation of GST registration Bombay ...

A recent study by the Energy Transitions Commission, a coalition of companies and financial institutions, found that $1.1trn ...

Through a notice dated 17 May 2024, the Securities and Exchange Board of India (SEBI) has made major changes to the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI LODR).

Recent changes by SEBI to the delisting rules show a careful endeavour to solve the issues that have traditionally beset the delisting procedure in India. These improvements seek to produce a more ...

Regarding private equity investors’ special rights in companies getting ready for Initial Public Offerings (IPOs), the Securities and Exchange Board of India (SEBI) has lately negotiated a major ...

Clear, enforceable tax laws are more important given the larger background of GST evasion in India, which amounts to INR 1.36 lakh crore in the financial year 2023-24. These rules have to strike a ...

Set off and Carry forward of losses as per section 70 to 80 of Income Tax Act, 1961 As per the Provision of Income Tax Act allow to Carry forward or Set- off losses against Income for saving the Tax ...

Directorate General of Foreign Trade Department of Commerce, Government of India Vanijya Bhawan, New Delhi Subject: ...

Common portal of GST, GSTN keeps on issuing advisories on new functions / updates on the portal for upgradation of functionalities and new options or functions enabled for implementation by taxpayers.

Arjuna: Krishna many people celebrate Diwali by bursting firecrackers. GST is in the air, after completion of the income tax audit. So how one can relate GST and firecrackers?