• twitter-icon

Search results for: lic

57th GST Council Meeting

Upcoming 57th GST Council Meeting: Ease of Compliance & Policies

The GST council, in its forthcoming 57th GST meeting, may focus on additional revisions to facilitate the procedure and policies. In the next meeting of the GST council, the process of registration, refund, and audit can be facilitated, a Finance Ministry official stated. The latest provisions for direct taxes in the Finance Bill are directed […]

Bombay HC's Order In The Case of The Pr Commissioner of Income Tax-3 Pune V/S Mr Subhash & B T Patil And Sons & N V Kharote Construction Pvt Ltd JV

Bombay HC to Hear Revenue Appeal on TDS Applicability and Profit Taxation in Joint Ventures U/S 194C

The Bombay High Court has accepted an appeal for hearing filed by the Principal Commissioner. This appeal challenges a previous decision made by the Pune ITAT, which had ruled in favour of a joint venture involving Subhash and B.T. Patil and Sons, along with N.V. Kharote Construction Pvt. Ltd. The issue is of TDS applicability […]

GST Cut Boosts LIC Life Cover Inflows to ₹1,100 Crore on Day 1

GST-Free Life Insurance Policies Drive ₹1,100 Crore to LIC on Day 1

The Life Insurance Corporation of India (LIC) experienced significant inflows, surpassing Rs 1,100 crore, on the first day following the repeal of the Goods and Services Tax (GST) on individual traditional life insurance policies, as reported by The Economic Times. The recent surge in monthly premium income is striking when compared to the ₹5,000 crore […]

Allahabad HC Order in Case of Shree Balaji Aromatics vs State of UP

Allahabad HC Challenges GST Act’s Section 127 Validity, Seeks Responses from Solicitor General & Advocate General

The Allahabad High Court has initiated proceedings to examine the constitutional validity of Section 127 of the Central and State Goods and Services Tax (GST) Act, 2017. The court has issued notices to both the office of the Solicitor General of India and the Advocate General of Uttar Pradesh, requesting their responses to a writ […]

GST Notification No. 12/2025 on GSTR-3B Filing Due Date

GST Notif. No. 12/2025: CBIC Announces GSTR-3B Deadline Extension with City-Wise Applicability

The deadline for submitting Form GSTR-3B for July 2025 has been pushed back by the Central Board of Indirect Taxes and Customs (CBIC). This announcement was made in a notification issued on August 20, 2025, right when the original deadline was approaching. According to the central tax notification No. 12/2025, the amended due date to […]

Online Scam Cases Rise in ITR Season; Rajasthan Police Issues Alert

Rajasthan Police Alert Public to Surge in Online Scams This ITR Season

The cybercrime division of the Rajasthan Police has issued a warning to taxpayers about an increase in online scams as people are busy filing their income tax returns. They want everyone to be cautious and aware of these fraud attempts during this tax season. The individual has been targeted by the criminals for fake promises […]

GoM Seeks More Time for GST Reduction on LIC Premiums

Centre Yet to Decide on GST Cut for LIC Premiums; GoM Actively Reviewing Proposal

The Ministry of Finance, in answer to the query in the Lok Sabha, cited that the government has not taken a final decision on lowering the GST on Life Insurance Corporation (LIC) premiums till now. But, the problem is under active consideration by a Group of Ministers (GoM) that has been tasked to compute the […]

12% GST on Renewable Energy Devices

A 12% GST Rate Applicable on Renewable Energy Devices, Says MOF Pankaj Chaudhary

Under the Goods and Services Tax (GST) system, renewable energy devices like solar panels, biogas plants, and windmill parts are charged with a 12% tax, the Government of India cited. Minister of State for Finance, Shri Pankaj Chaudhary, specified the same in the Rajya Sabha. In reply to the question from Member of Parliament Shri […]

Tamil Nadu GST AAAR's Order for M/S High Energy Batteries (India) Limited

TN AAAR: GST Applicable on Silver Extracted from Used Batteries Supplied Free by Indian Navy

The decision of the Authority for Advance Ruling that Goods and Services Tax (GST) is applicable on the value of silver that is extracted from old or used batteries received free of cost from Indian Naval formations has been kept by the Tamil Nadu Appellate Authority for Advance Ruling (AAAR). The silver extracted from the […]

Follow Us on Google News

Google News

Latest Posts

Best Offer in 2026

Powering India's Taxation Experts with Innovation

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Easy to File Tax/GST Returns

Upto 20% Off on Tax Software

    Select Product*

    Current GST Due Dates