Managing Unrealised Rent: Compliance, Income Tax Relief, and the Hidden GST Trap for Landlords
Discover how to claim income tax relief on unpaid rent under Rule 4, and understand the critical GST and compliance implications of tenant defaults.
Funding Public Transit Through Consumption Taxes: Analyzing GCRTA’s Proposed Sales Tax Levy and Its Economic Implications
The Greater Cleveland Regional Transit Authority (GCRTA) is preparing a sales tax proposal for 2027. We analyze the revenue, compliance, and economic impacts of this consumption-based funding model.
RBI’s Proposed Loan Pricing Rules: Analyzing the Compliance, Revenue, and Corporate Tax Implications for Lenders
The RBI's draft guidelines on fixed and floating-rate loans aim to standardize benchmark-linked lending. Discover the deep-seated compliance, tax, and revenue impacts of these proposed reforms.
Beyond the SIP Hype: Why the ‘Family CFO’ Model Demands a Tax and Compliance-First Approach
As India's retail investment boom faces a rising tide of SIP closures, wealth-tech platforms are shifting toward a holistic 'Family CFO' model. Discover why managing risk, regulatory compliance, and capital gains tax is critical to long-term financial success.
India Simplifies PAN Applications for Foreigners: Analyzing the Compliance, GST, and Revenue Impact of Forms 95 and 96
The Income Tax Department is replacing Form 49AA with streamlined Forms 95 and 96 for foreign individuals and entities. Discover how this procedural shift impacts withholding taxes, GST registration, and international compliance.
Rajya Sabha Adjournment: How the ‘Lungiwala’ Drama Overshadowed Crucial GST and Tax Compliance Audits
While a cultural row over a 'Lungiwala' remark led to a Rajya Sabha adjournment, the tabling of critical CAG reports on GST, Direct Taxes, and Customs marks a major milestone for India's fiscal compliance landscape.
ITAT Pune Quashes Assessment on Deceased Assessee: Why Procedural Compliance Trumps Legal Heir Participation
In a landmark ruling, ITAT Pune quashed an assessment order framed in the name of a deceased assessee, proving that active participation by a legal heir cannot cure a fundamental jurisdictional defect.
Navigating NRI Property Sales in India: FEMA Rules, Bank Accounts, and Tax Repatriation Compliance
Selling property in India as an NRI involves navigating complex FEMA guidelines and stringent tax compliance. Learn how choosing between NRE and NRO accounts affects your repatriation limits and how tax laws act as the ultimate gatekeeper.
VinFast Patents RASAD Electric Scooter in India: A Strategic Move into the Two-Wheeler Market
Vietnamese electric vehicle manufacturer VinFast has patented its RASAD electric scooter in India, signaling a major step toward capturing a slice of the country's booming two-wheeler market.
Tax Deductions on Property Sales: ITAT Mumbai Clarifies Brokerage Timing and Procedural Rules
A landmark ITAT Mumbai ruling confirms that brokerage paid after a property sale is fully deductible and clarifies that appellate authorities have the power to accept legitimate tax deduction claims missed in original returns.