One of the most pressing concerns in the EV industry is the inverted GST structure. Currently, manufacturers procure electrical components at 12 per cent and 18 per cent GST and mechanical parts at 28 ...

The call for a rational income tax regime in India grows as the tax base remains narrow, with heavy reliance on the already taxed consuming classes.

Whether the Show Cause Notice (SCN) issued under Section 74 of the CGST and WBGST Act is valid, given the petitioners’ claims that they fulfilled all requirements for ITC and the suppliers’ GST ...

Two days before the tabling of the Union Budget, the Congress Thursday released a report on the “Real State of the Economy” saying the government “is marching India forward into the middle income trap ...