The taxability of payment of damages, penalties, compensation has always been unsettled. The experts talk about why the matter has always been controversial and problematic for the taxpayers in this article.
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The authors explain the comprehensive changes in GSTR-3B, as deliberated by the GST Council, to provide clarity with respect to reporting and reconciling Input Tax Credit (ITC) reversals and subsequent re-availment.
Vikas Vasal explains RBI’s recent move to allow international trade in INR and how this could be the beginning of a new journey for the Indian rupee to gain the status of a global (reserve) currency.
The authors write about the GST implications and legal provisions related to manufacturing moulds and dies in auto component and engineering industries.
Vedika Shastri writes on why organisations need to re-adjust their lens on employee satisfaction to develop a more humanistic employee value proposition to attract and retain top talent.
Krishan Arora, Sachin Sharma and Rahul Jhawar analyse transactions from a GST perspective on income through blogging, affiliate marketing, YouTube etc.
Biren Vyas, Kruti Shukla and Karishma Punjabi write on the various aspects to be considered when it comes to indirect tax implications on a transaction involving NFTs.
Bhanu Prakash Kalmath S J and Karan Kakkar explain the GST rate of 5% that has been levied on hospital room charges and what are some critical points to ponder.
Akhil Chandna writes on House Rent Allowance (HRA) and tax benefit related to HRA that a taxpayer can claim, subject to conditions and exceptions.
Manoj Mishra and Shubam Madaan detail out the GST Council recommendation on GST on hospital room beds (except ICU) and the various compliance requirements and practical challenges that it involves.
Karan Kakkar and Manish Khurana detail out the coverage of e-commerce transactions under GST and list down certain important clarifications issued by Central Board Direct Taxes (CBDT)
Karan Kakkar and Sachin Jain detail out the latest circular around taxability of canteen recovery from employees, which has been topsy-turvy ever since introduction of Goods and Services Tax (GST).
Vivek Iyer explains why a strong focus on governance culture is an apt way to respond to an uncertain environment, while mitigating key financial stability risks.
Krishan Arora and Manoj Mishra author an article on the completion of 5 years of the Goods and Services Tax (GST) and what challenges lie ahead for this indirect tax reform.
Saakshi Gandhi explains the trends that are going to impact the future of HR and what can organisations watch out and prepare for.
Krishan Arora, Sachin Sharma and Shilpa Verma share their expert take on the issues revolving around captive usage of motor vehicles by the auto companies and examining GST implications or ambivalence on such transactions.