Law & Govt

Lessor is Liable to Pay GST on Forward Charge Basis When the Residential Property is Rented Out for Commercial Purpose

In a recent ruling by the AAR, Rajasthan, the GST liability for lessors of residential properties used for commercial purposes has been clarified. The...

Company Faces ₹5 Lakh Penalty for Breaching Registered Office Compliance: Ministry of Corporate Affairs Takes Action

The Ministry of Corporate Affairs has levied a hefty fine on DP Investment Services Pvt. Ltd. and its directors for neglecting their registered office...

AI’s Growing Role in Uncovering GST Evasions Raises Concerns Among Businesses

In a striking revelation, AI technology played a pivotal role in identifying GST mismatches amounting to a staggering ₹30,000 crore during the previous financial...

Labour Code Overhaul: Balancing Rights and Protections for Indian Workers

The Union government's overhaul of 29 labour laws into four labour codes aimed at regulating industrial relations and workers' welfare faces resistance from labour...

Navigating Tax Regimes: Choosing Between New and Old for FY24

As the new financial year approaches, taxpayers are faced with the dilemma of choosing between the old and new tax regimes introduced by the...

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Kerala Court Orders NICL to Compensate ₹3.5L for Stolen Car

Kerala Court Orders NICL to Pay ₹3.5L for Stolen...

Tamil Nadu Slams Tax Cut: Finance Minister Questions Centre

Tamil Nadu Slams Centre Over Tax Revenue Cut Tamil Nadu...

EPFO Retains 8.25% Interest Rate on PF Deposits for 2024-25

EPFO Retains Interest Rate for 2024-25 EPFO retains and decides...

Skoda Auto Volkswagen India duty evasion

Background of the Case: Skoda Auto Volkswagen India Duty...

Universal Pension Scheme: Govt Plans Voluntary Pension for All

Govt Introduces Universal Pension Scheme for Financial Security The Central...