Tax experts say GSTAT’s token-based appeal mechanism is a pragmatic safeguard against portal-related disruptions, but caution that its long-term success will depend on statutory clarity, robust digital safeguards and a resilient e-filing system to prevent fresh litigation.
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Uttar Pradesh RERA has issued new guidelines for homebuyers seeking GST refunds. Eligible homebuyers overcharged GST can now claim refunds through the GST department. Promoters must strictly adhere to the Central government’s notified GST rates. If a project is cancelled…
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India’s statistics ministry launched a new monthly services production index. The first trial release showed broad expansion across key economic sectors. Fourteen of nineteen sub-sectors posted double-digit year-on-year growth in April. Accommodation and food services led expansion, while transport sectors…
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Indian companies’ external commercial borrowings proposals saw a significant jump in May. Total filings reached USD 4.74 billion, a notable increase from April’s figures. Prominent firms like Indian Railway Finance Corporation and NTPC filed substantial borrowing intentions. Kisetsu Saison Finance…
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Companies may soon claim input tax credit on employee vehicles. Group health and life insurance policies for staff are also included. The GST Council’s law committee proposed these changes last week. These proposals aim to ease business operations and reduce…
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Strong US stock gains in ’26 are being overshadowed by historical midterm election volatility, AI valuation concerns and bearish warnings. While corrections are common in midterm years, analysts expect markets to recover strongly after elections, supported by favourable historical trends.
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