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Conor Clark (Wash. U.) & Ari Glogower (Northwestern), The Indirect Taxes, 102 Notre Dame L. Rev. (forthcoming 2027) Article I of the Constitution empowers Congress to “lay and...
Net corporate tax collection grew over 22% to around ₹2.40 lakh crore, while net non-corporate tax collection recorded increased around 12% to ₹3.85 lakh crore
India's GST collections continued their strong momentum in July, with gross revenues rising 15.4% year-on-year to ₹2.11 lakh crore, driven by robust domestic collections and a shar...
Gross direct tax collections for FY 2026-27 stood at ₹7,73,681.68 crore as on July 13, 2026, marking a 16.11% increase from ₹6,66,337.20 crore collected during the corresponding pe...
Goods and Services Tax collections rose 15.4 percent to Rs 2,11,205 crore in July. This increase was largely due to a 29 percent jump in integrated GST on imports. Strong economic...
For indirect tax compliance teams at omnichannel retailers, failures rarely start at filing. They start upstream, at the point … The post 3 stages of the indirect tax transaction...
Q1 direct tax mop-up affirms growth prospects
Indirect tax professionals shape pricing decisions and guide M&A structures. Yet when the C-suite discusses strategy, they’re often not in … The post From invisible to indispen...
High rates punish compliance while farms, wholesale trade stay outside the net
Managing indirect tax is a continuous cycle of determination, compliance, reporting, and audit defense. At every stage, the tools you … The post How Thomson Reuters supports every...
The claim that 2-3 per cent of Indians pay all of India’s taxes gets the maths wrong. Here’s how income tax, GST, corporate tax and household numbers change the picture.
A tax tribunal has sided with property owners involved in redevelopment disagreements, annulling a significant Rs 1.3 crore tax increment on a newly developed property. The tribuna...
Tax payments rise 16% to Rs132b but doctors resist integration
Gross GST collections surged 15.4% to more than INR 2.11 lakh crore in July 2026, driven by higher earnings from domestic sales and imports, reflecting sustained economic activity...
Industry bodies have approached the authorities for revisions in the rules of GST, especially those that focus on ITC restrictions that raise business costs and impact competitiven...
According to the 2025 State of the Corporate Tax Department Report from the Thomson Reuters Institute, tax professionals currently spend … The post The real reason automated retail...
Provinces will contribute the additional tax revenue in accordance with their respective shares under the NFC Award
As per the data, Gross Goods and Services Tax (GST) collections have surged 14.8% year-on-year (YoY) to ₹1.99 lakh crore in August 2026. Domestic transactions GST revenue has surge...
The post JOB POST: Senior Associate – Indirect Tax at White & Brief, Mumbai [4-6 PQE; Offline]: Apply Now! appeared first on Lawctopus.
Breaking News: Supreme Court Upholds Gujarat High Court Verdict – No GST on Transfer of Long-Term Leasehold Rights of Industrial Plots A Major Relief for Industry, Businesses &am...
The disputed amount of ₹11,003 crore comprised interconnect charges, employee costs, professional fees, call-centre expenses, power and fuel, repairs and maintenance, network opera...
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) stated that if both purchases and corresponding sales are fake, the entire purchase value cannot be added to income with...
The Ministry of Finance informed the Rajya Sabha that central tax authorities detected input tax credit (ITC) fraud worth ₹74,781.56 crore across 30,162 cases during FY 2025–26, wi...
A works contractor from Srinagar spends three years executing running-account bills for a Government Department. Every month, two percent is quietly deducted from his bill before p...
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