In a groundbreaking verdict, India's Supreme Court provides crucial tax clarity for multinational corporations, settling long-standing disputes over royalty payments and transfer pricing adjustments.
Bengaluru's festive season sees significant drop in ethnic wear sales as 12% GST on items above ₹1000 dampens shopping spirit. Retailers report 30% decline despite festive discounts.
Massive GST revenue gaps force honest taxpayers to bear burden of widespread evasion. Analysis reveals systemic flaws in India's tax infrastructure and compliance challenges.
Uttar Pradesh tax authorities slap Zomato's parent company with a massive ₹64.17 crore notice over alleged GST discrepancies. Get the complete breakdown of the tax demand and company's response.
In a major compliance relief for businesses, CBIC extends GSTR-3B filing deadline to October 25, 2023. Get all details about the extension for monthly and quarterly filers and what it means for Indian taxpayers.