Have you filed your income tax return for FY 2025-26? With the 31 July 2026 deadline approaching, taxpayers should ensure they understand not only their tax obligations but also the constitutional principles that govern taxation in India.
Read MoreThe verdict could affect not only music labels but also sectors such as OTT platforms, sports broadcasting, trademark licensing, franchising, technology licensing and merchandising.
Read MoreBefore the High Court, the petitioners argued that the department should establish fraud before invoking Section 74 and that notices based solely on audit reports or inspection findings were invalid.
Read MoreIndian users subscribing to Claude AI will no longer have to pay in US dollars as Anthropic now displays India-specific pricing for its Pro, Max and Team plans on its official website, allowing customers to subscribe and pay in rupees instead.
Read MoreThe country's urban population is growing faster than official numbers indicate. While policymakers seem to have an inkling of this, three measures could help ensure a regular supply of robust data.
Read MoreSource: https://www.livemint.com/industry/online-gaming-firms-sc-ruling-review-28-gst-11784016545683.html
Online gaming companies have moved the Supreme Court seeking review of its 27 May judgment upholding the constitutional validity of the 28% goods and services tax (GST) levy on online gaming and rejecting challenges to retrospective tax demands worth over ₹1.5 trillion.
Read MoreServices are intangible and often consumed as soon as they are produced, making output difficult to measure.
Read MoreSeizing opportunities demands reforms that go beyond compliance simplification.
Read MoreSource: https://www.livemint.com/economy/india-economy-fiscal-deficit-iip-monsoon-gst-ai-11782973674067.html
India received only 99.5 mm of rainfall, making June 2026 the fifth driest June since 1901, raising concerns over El Niño's impact on the monsoon.
Read MoreHaryana celebrated the 9th anniversary of GST implementation on 1 July 2026 at Panchkula, highlighting the state’s outstanding achievements in GST administration and revenue growth.
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