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Tax Reform

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India Announces Tax Exemptions to Attract Global Capital into G-Sec Market
Posted inBlog

India Announces Tax Exemptions to Attract Global Capital into G-Sec Market

The Indian government announced a significant policy shift this week, confirming that interest and capital gains earned by Foreign Portfolio Investors (FPIs) on government securities (G-Secs) will be exempt from…
Posted by Prasenjit Bhowmik June 7, 2026
Tax Professionals Lobby for Simplification of TDS Return Codes 1023 and 1024
Posted inBlog

Tax Professionals Lobby for Simplification of TDS Return Codes 1023 and 1024

Streamlining Compliance in Tax ReportingTax professionals and industry bodies have formally requested that the Central Board of Direct Taxes (CBDT) merge TDS return codes 1023 and 1024, citing unnecessary administrative…
Posted by Prasenjit Bhowmik June 5, 2026
The Limits of Buyer Liability: Challenging GST Enforcement on Third-Party Supply Chains
Posted inBlog

The Limits of Buyer Liability: Challenging GST Enforcement on Third-Party Supply Chains

In an increasingly complex Goods and Services Tax (GST) environment, legal experts and tax practitioners are pushing back against revenue authorities who hold genuine buyers accountable for the tax compliance…
Posted by Prasenjit Bhowmik May 30, 2026

Recent Posts

  • ITAT Limits Tax Authority Powers: Reassessments Require Independent Verification
  • ITAT Remands Section 270A Penalty Case if Quantum Appeal Was Still Pending
  • Calcutta High Court Ruling Establishes TDS Records as Legal Proof of Financial Relationships
  • CESTAT Ruling Strengthens CENVAT Credit Eligibility Based on Service Nexus
  • NCLAT Finalizes Resolution Plan Stance, Dismissing GNIDA Appeal

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