Recent Posts
GST 2.0 makes it less taxing as govt scrap arrest powers, raise prosecution threshold to Rs 5 crore in major overhaul
New Delhi: The GST Council approved a sweeping recast of the indirect tax structure that includes scrapping arrest powers, besides easing the compliance structure and…
NeoGrowth: Digital lender NeoGrowth raises Rs 85 crore from FMO, LeapFrog
MSME lender NeoGrowth has raised Rs 85 crore in a mix of equity and debt from the Dutch development finance institution FMO and existing investor…
Startups will crown new champions today at 12th ET Startup Awards in Bengaluru
India’s startup story will take centre stage in Bengaluru on Friday, as founders, investors and technology leaders gather to honour the winners of the 12th…
GST reforms: Refunds, wider ITC mark third phase of reform as India targets global supply chains, says PwC’s Pratik Jain
Nearly a decade since its roll out, the historic GST reform moved closer towards a pivotal point of maturity. Over the years, GST has largely…
GST 2026: Simpler compliance, tech-led enforcement reflect growing trust between government and industry, says Deloitte’s MS Mani
A key aspect underlining the GST Council meeting is the growing mutual trust between government and industry. Following the positive response to the September 2025…
GST rejig: Credit relief, export push and simpler rules make Diwali come early for industry, says EY’s Bipin Sapra
As the festive season draws near, the industry has much to cheer about and celebrate. The 57th GST council has unleashed a set of bold…
GST reforms: 16 lakh small businesses may get annual return option, easier e-commerce selling
More than 16 lakh small businesses that sell directly to consumers could soon file only one GST return annually with the GST Council’s in-principle nod…
GST reforms: No tax on toll collection by highway concessionaires; road maintenance tax liability clarified
In a move expected to settle tax ambiguity around highway monetisation and provide greater certainty to infrastructure projects, the GST Council on Thursday clarified that…
GST reforms 2026: Employers get ITC on employee health, life insurance premiums
The GST Council allowed employers to claim input tax credit (ITC) on GST paid on health and life insurance policies taken for their employees, a…
Why is OpenAI’s annualized revenue $20 billion below earlier estimates?
OpenAI’s annualized revenue is reportedly around $50 billion as of September. This is about $20 billion lower than the earlier estimate of $70 billion. OpenAI’s…