The GSTN (Goods and Services Tax Network) Team issued an update on the GST Portal on 16 May 2024, stating that the facility of Form GST SRM-I, pertaining to details...

In September 2021, the Ministry of Heavy Industries (MHI) released the Production Linked Incentive (PLI) scheme for the automobile sector.

As one of the country's largest industries, the Indian Food Processing Industry is expected to bolster the Indian economy.

The Union Budget 2021 has brought with it a number of crucial reforms.

The Directorate General of Foreign Trade (DGFT) has notified the policy for import of "Used IT Assets (Laptops, desktops, monitors, printers)" from the Special Economic Zone (SEZ)...

With VAT implementation less than six months away post the publication of the VAT Law in the Official Gazette on 18 October 2020...

The Ministry of Finance has amended Foreign Exchange Management (Non-debt Instruments) Rules, 2019 and notified the 'Direct Listing of Equity Shares of Companies Incorporated in India on International Exchanges Scheme.'

The enactment of the Companies Act, 2013 (the ‘Companies Act, 2013' or the ‘Act') was one of the most significant legal reforms in India in the recent past, that aimed at bringing the Indian company...

When a central pay commission's recommendations are implemented, central government employees are the first to get its benefits.

The central government has given the green light to the terms of reference (TOR) for the 8th Pay Commission. They have also named Justice Ranjana Prakash Desai...

The Government of India and the Department of Heavy Industries & Public Enterprises have approved the Production Linked Incentive (PLI) scheme for the 'National Programme on Advance Chemistry Cell (ACC) battery storage'.

In this article, we will explore the evolution of GSCM, industries adopting it, future trends, and the compelling reasons behind its growing importance.

The Ministry of Consumer Affairs, Food and Public Distribution has permitted manufacturers, packers, or importers of pre-packaged commodities to declare the revised Retail Sale Price (MRP)...

This issue covers the developments of June 2018 and what's upcoming in July 2018

The Central Board of Direct Taxes (CBDT) in India introduced the Faceless Reassessment Scheme by way of a notification in March 2022. This notification aimed to remove the interface between the Assessing officers...

We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments and updates in the realm of taxation in India and across the globe for the month of September 2019.

We are pleased to present the latest issue of Transfer Pricing 360° - SKP's quarterly newsletter that aims at providing key insights into the recent transfer pricing developments in India and across the globe.

After the VAT law was published in the Official Gazette on 18 October 2020, Oman will be the fourth GCC country to implement VAT after KSA, UAE and Bahrain.

Tax Authority of Sultanate of Oman has issued a statement on Sunday which states that "Tax Authority would like to remind taxpayers that they must submit the VAT returns for the 2nd and 3rd quarters of 2021 by the stipulated deadlines."

Indian State Governments offer varied incentives under their respective state industrial development corporation policies to promote the set-up of new manufacturing...