While discussions around levying charges on high-value UPI transactions continue, government officials emphasise that everyday digital payments remain free, signalling continued support for accessible digital finance. A recent push in Parliament to amend India’s payments law has set off a…
The Reserve Bank of India’s latest NBFC framework keeps Tata Sons in the upper layer, raising questions about whether the conglomerate will pursue a stock market listing amid regulatory scrutiny and ongoing deregistration efforts. The Reserve Bank of India’s latest…
India’s Supreme Court has clarified that a Tax Residency Certificate alone is no longer sufficient for treaty relief, emphasising the importance of control and economic substance in offshore structures, impacting investors using Mauritius and Singapore routes. India’s Supreme Court has…
Indian exporters, freelancers, and online sellers need to navigate complex GST rules on cross-border payments, where export of goods and services is generally zero-rated, but associated banking and forex charges attract GST, impacting pricing and compliance. GST on international transactions…
The Delhi High Court has permitted an exporter to rectify old GST filings from FY2017-18, emphasising that portal restrictions should not hinder legitimate corrections arising from customs amendments, highlighting a significant shift for early GST taxpayers. The Delhi High Court…
The Employees’ Provident Fund Organisation has launched an upgraded portal with a Service History tool to help workers identify and link multiple old PF accounts, reducing administrative hurdles during transfers and pension claims. Employees who changed jobs before the Universal…
