Odisha AAR: Renting Residene as a Guest House Attracts GST under RCM

The Odisha Authority of Advance Ruling (AAR) ruled that renting residential premises…

ITR Mismatch: Income tax department picks up 68k cases for e-verification and to take action against 33,000 taxpayers

The income tax department has detected approximately 68,000 cases where income was…

India’s WPI eases to 3.85% in February

India’s Wholesale Price-based Inflation (WPI) eased to a two-year low of 3.85%…

CCI might soon issue notices on anti-profiteering

The Competition Commission of India (CCI) plans to take strong action against…

The government may infuse capital in public sector general insurers

A senior government official stated that the government might infuse capital in…

Number of e-way bills generated in February 2023 falls to a 3-month low

The media reports indicate that the monthly e-way bill generation has dropped…

Gujarat AAR: Ice Creams Not Prepared in Outlets Attracts 18% GST

The Gujarat Authority for Advance Ruling (AAR) ruled that the supply of…

Government Brings Crypto Trading Under the Prevention of Money Laundering Act

The Government of India has brought cryptocurrency trading and other Virtual Digital…

Bangalore AAR: Supply of Works Contract Service Attract 18% GST

The Bengaluru Authority for Advance Ruling (AAR) held that the supply of…

Review of compensation cess on paan masala by GST fitment committee

The GST fitment committee, consisting of central government and state government revenue…