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New GST registration functionality for corporate debtors

BFSI GST
September 8, 2020 485 0

In a significant move that will benefit taxpayers who fall under the category of Corporate Debtor as per provisions under the Insolvency and Bankruptcy Code, a new registration functionality has been enabled on the Goods and Servi...


Parota, popcorn, oil - here's what you must know about contradictory AAR rulings

Parota, popcorn, oil - here's what you must know about contradictory AAR rulings

GST BFSI
August 21, 2020 257 0

In the last few weeks, India has witnessed various scenarios where different commodities have attracted tax disputes owing to contradictory decisions taken by the Authority for advance ruling under the GST regime. One of the m...


Extreme Digitization - Redefining The Future of Banking

Extreme Digitization - Redefining The Future of Banking

Fintech BFSI
August 20, 2020 620 0

The pandemic has had a profound effect on supply chains, businesses and economies. In the last few months, financial institutions in India have scaled quickly to safeguard their employees, transform their operations, and serve the...


Blog

TReDS – A Positive tailwind for MSMEs early payment FinTech Programs

Fintech BFSI
August 18, 2020 642 0

TReDS – A Positive tailwind for MSMEs early payment FinTech ProgramsThe Indian government has over the past few years tried to strengthen the position of Micro, Small, and Medium Enterprises (MSMEs) in pursuit of its overall goal ...


Blog

Impact of Herd Mentality on Investment Decisions

BFSI
July 31, 2020 1185 0

Capital markets of an economy are a significant and indispensible source of investment and financing activities for corporate and other investors. Most of the financial assets are traded in these markets and they serve as the back...


Blog

RegTech - Changing the regulation landscape

BFSI Public Policy
July 28, 2020 1458 0

What is the most significant challenge the financial services industry faces today? It is complying with ever-changing regulations. Non-compliance leads to cancellation of license, significant penalties, legal issues, and sanction...


Gujarat AAR rejects concessional GST rate for an affordable housing project in a township

Gujarat AAR rejects concessional GST rate for an affordable housing project in a township

GST BFSI
July 17, 2020 156 0

The Gujarat bench of the Authority for Advance Rulings (AAR) has denied the benefit of concessional GST rate for an affordable housing project in a township with a mix of other projects. A private developer had approached the ...


3 Years of GST: How GST transformed compliance in India?

3 Years of GST: How GST transformed compliance in India?

GST BFSI
July 3, 2020 1064 0

The Goods and Services Tax (GST), implemented on July 1st, 2017, completed its three years of operation. Considered to be the biggest reform in indirect taxes, GST combined (subsumed) almost 17 prevalent taxes into a single um...


3 Years of GST in India: The Journey So Far

3 Years of GST in India: The Journey So Far

GST BFSI
July 2, 2020 448 0

On July 1, 2020, India completed 3 years since the launch of GST. We’ve created an infographic to show you the major events in the journey of GST over the last 3 years.


Paratha is not roti - AAR ruling sparks debates across the country

Paratha is not roti - AAR ruling sparks debates across the country

GST BFSI
June 23, 2020 499 0

The Authority of Advance Ruling in Karnataka has ruled that ready-to-eat paratha needs to be heated or further processed for human consumption and hence is liable for 18% GST sparking quite the debate on social media last week. Be...


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