Indirect Tax E-Bulletin – May 2021

Wondering about your GST application status? Learn how to check your GST ARN status and track approval, rejection, or pending updates easily.

Many people seek legal aid, but what about the charged GST? This article details the changes made to the Indian indirect taxation system regarding the GST on legal services.

In today's fast-paced logistics and supply chain environment, ensuring the smooth movement of goods is critical. One key compliance requirement for businesses transporting goods...

Filing GST complaints and grievances online is a straightforward process designed to address issues related to GST registration, filing errors, or any disputes regarding the GST system.

The Black Money Act of 2015 introduced stringent measures to tax undisclosed foreign income and assets held by resident taxpayers in India. What are the consequences for failing to report foreign income or assets, and how does this legislation impact tax compliance for individuals with international holdings?

Learn how to add or update your bank account on the GST portal. Follow step-by-step instructions, comply with Rule 10A, and avoid GST registration issues.

Learn about GST registration for branches in India. Understand the need for separate GST registration across states and the process involved. Get expert assistance!

CBDT through press release dated 27th May, 2025 extends the due date of furnishing tax return, under section 139(1) of the Income Tax Act, 1961 (‘the Act'), from July 31, 2025 to September 15, 2025.

Minimum Alternate Tax (MAT)1 has worked as a minimum tax protection in India's corporate tax system.

Learn about GST on gold in India in 2025, including tax on gold ornaments, making charges, and digital gold. Get a detailed breakdown of GST calculations.

Adhering to the principles of "due processes", Indian judicial and regulatory authorities have been taking steps to reduce delays in adjudicatory processes.

On 25 August 2026, the Ministry of Labour and Employment issued two notifications (Notifications) under the Code on Wages, 2019 (Wage Code), thereby operationalising specified provisions relating to payment of statutory bonus for establishments for which the appropriate government is the Central Government. The Wage Code consolidates the legislative framework governing wages and related employee entitlements, including the regime previously governed by the Payment of Bonus Act, 1965.

The Supreme Court in Vanashakti v Union of India, 2025 SCC OnLine SC 1703 held that Environmental Clearance (EC) is necessary for all large scale building and construction projects including educational institutions under the Environmental Impact Assessment (EIA) Notification, 2006 (EIA Notification).

The Securities and Exchange Board of India (SEBI) issued a consultation paper on 23 July 2026 (Consultation Paper). The Consultation Paper proposes a comprehensive review of the SEBI (Portfolio Managers) Regulations, 2020 (PMS Regulations).

In Kotak Mahindra Bank Limited v Trupti Sanjay Mehta and Others, 2026 INSC 943 (Kotak Mahindra), the Hon’ble Supreme Court of India considered whether a bank as defined under Section 2(1)(c) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) could invoke the provisions of the SARFAESI Act to recover a secured debt acquired from an entity which was not covered under the ambit of the SARFAESI Act at the time of disbursement of the loan.

The Hon’ble Punjab and Haryana High Court (HC) in Jyoti Sareen vs. UOI & Others (CWP No. 15791-2024 (O&M)) (Order) held the retrospective amendments carried out vide the Finance Act, 2026, with respect to the powers of the Jurisdictional Assessing Officer (JAO) to issue a reopening notice under section 148 (Reopening Notice) of the Income-tax Act, 1961 (IT Act), as unconstitutional, being violative of the ‘doctrine of separation of powers’ and thus violative of Article 14 of the Constitution of India.

The Maharashtra Stamp (Fourth Amendment) Bill, 2026 (Bill) introduced in the Maharashtra Legislative Assembly on 7 July 2026 proposes a significant reform to the stamp duty treatment of guarantees under the Maharashtra Stamp Act, 1958 (Maharashtra Stamp Act).

On 20 July 2026, the Department of Telecommunications (DoT) notified the Telecommunications (Authorisation for Telecommunication Network) Rules, 2026 (Rules). The Rules operationalise Section 3(1)(b) of the Telecommunications Act, 2023 and establish a framework for six categories of telecommunication network authorisations: infrastructure provider (IP) (formerly, IP-I), digital connectivity infrastructure provider (DCIP), internet exchange point (IXP) provider, satellite earth station gateway (SESG) provider, cloud-hosted telecommunication network (CTN) provider and mobile number portability (MNP) provider.

The Circular is a much awaited and welcome move by the regulator to ease the difficulties faced by the listed companies in meeting the MPS Requirement.

Between May and August 2026, AI regulation has continued to develop rapidly, with a focus on accountability, transparency, human oversight and protection against AI-related harms.