The Uttar Pradesh Interest Waiver Scheme-2026 covers eligible arrears accumulated up to 31 December 2025 under several legacy tax laws. The Uttar Pradesh cabinet has approved a three-month tax amnesty designed to help businesses and other taxpayers clear long-running arrears…
India’s GST Council has left tax rates unchanged while backing reforms aimed at speeding up refunds, simplifying registration and limiting disruptive enforcement for businesses. India’s 57th GST Council meeting, held on October 8 in New Delhi, did not deliver a…
Recommendations from the 57th GST Council meeting point to faster refunds, fewer manual interventions and tighter limits on enforcement as India’s tax system enters a more predictable phase. India’s Goods and Services Tax regime appears to be entering a more…
Pharmaceutical companies will be able to claim GST input tax credit on free samples and products destroyed after expiry, while wider refund changes aim to free up cash tied up in manufacturing and exports. Pharmaceutical companies in India will be…
The 57th GST Council meeting proposed faster registrations and refunds, lower penalties and narrower enforcement powers, with most changes due to take effect from 1 April 2027. India’s GST regime has entered a new phase of refinement, with the Council…
A missed payment may not end life insurance protection immediately, but cover can lapse after the grace period. Here is what policyholders in India need to know about deadlines, claims and revival. Missing a life insurance premium does not mean…
India’s GST Council has scrapped tax officers’ arrest powers and raised the threshold for criminal prosecution to ₹5 crore, alongside measures to simplify compliance and protect small businesses. India’s Goods and Services Tax Council has approved a major overhaul of…
Businesses will be able to reclaim accumulated GST credit on input services from November and on plant and machinery from April 2027, alongside wider credit eligibility for workplace catering. India’s Goods and Services Tax Council has approved a set of…
The GST Council has approved a package of reforms to limit arrests in ordinary tax cases, speed up refunds and simplify compliance for smaller businesses, with most measures due to take effect in April 2027. India’s Goods and Services Tax…
Companies in hospitality, insurance, infrastructure and export sectors will gain from wider input tax credit eligibility and relaxed inverted-duty refund rules, with some changes taking effect from 2026. The GST Council has moved to widen input tax credit eligibility and…
The latest package gives taxpayers greater protection before input tax credit is blocked, speeds up refunds and simplifies registration, while expanding digital tracking and controls on high-risk transactions. India’s GST Council has moved to widen the tax system’s reach while…
The GST Appellate Tribunal is the key forum after a first appeal, but taxpayers must meet strict deadlines, electronic filing rules and pre-deposit requirements before their case can be heard. The GST Appellate Tribunal has become the key forum for…
