Currently, service exports from India (excluding software) are largely exempt from EDF/SOFTEX filings and related FEMA compliances. Service Exporters (including software) have generally ...

Courts hold that retrospective cancellation of a supplier’s registration alone is insufficient to deny ITC. Authorities must prove lack of transaction genuineness or buyer ...

The High Court refused to entertain a writ petition filed long after the assessment order. Delay could not be justified on the plea of inability to access the GST ...

The Canada Revenue Agency (CRA) has made a significant reversal of its longstanding administrative position on the GST/HST treatment of mutual ...

FM Nirmala Sitharaman has made a clear shift in India’s tax philosophy, from fear-driven enforcement to trust-based, corrective compliance. The proposals narrow criminal liability, encourage voluntary ...

6. Logistics and Transport Cost Considerations Higher transportation costs due to distance and terrain place remote district ...

Building on momentum from earlier initiatives, Union Budget 2026-27 reinforces the government’s continuing efforts to advance ...

Middle-class taxpayers want targeted income tax relief, primarily under the new regime, to boost disposable income amid ...

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Legal experts say President Donald Trump’s $10 billion lawsuit against the IRS over the leak of his tax information raises a ...

Union Budget 2026–27 is expected to keep income tax reforms in focus as FM Nirmala Sitharaman presents her ninth Budget on February 1. With nil tax up to Rs 12.75 lakh already in place, taxpayers are ...

Finance Minister Nirmala Sitharaman is set to present the Union Budget for financial year 2026-27 this Sunday (February ...