Blog tagged as Changesingst

The Goods and Services Tax (GST) has changed the way we pay taxes, but as rates undergo another round of rationalization in 2025, taxpayers wonder: What’s going to get cheaper, and what won’t?

The Bombay High Court ruled this tiny wording gap meant full capital gains exemption — zero tax on ₹1.08 crore.

The Bombay High Court recently made an important decision: it said that the GST registration of a business can be cancelled if the suppliers it deals with are not real or do not exist.

Many businesses and individuals in Gujarat were getting tax notices demanding 18% GST when they transferred their 99-year lease rights on industrial plots.

The Madras High Court recently made a big decision about Input Tax Credit (ITC)