Healthcare is a basic necessity, and the government has provided GST relief to hospitals and medical services. However, not everything in a hospital bill is tax-free — there are grey areas that confuse both patients and healthcare providers. This article explains which GST on hospital services are exempt , which attract GST, the relevant GST … Read more
In recent months, the Income Tax Department (CBDT) and GST Department have joined hands for massive raids on shell companies across India. These raids are part of the government’s big crackdown on fake invoicing, tax evasion, and money laundering. If you are a business owner, startup founder, or professional, you should know what’s going on … Read more
Exporting goods from India can give your business global exposure and open new markets. However, it is important to follow Indian export regulations and comply with documentation, customs, and banking rules to avoid delays or penalties. Here’s a complete, detailed step-by-step guide to start Export Goods from India 2025. Step 1 – Register Your Business … Read more
Restaurants and cloud kitchens have become one of the fastest-growing segments in India’s food industry.With the support of food delivery platforms like Zomato, Swiggy, and Uber Eats (now merged), even small kitchens can reach thousands of customers.However, GST has brought specific challenges for this sector — mainly Input Tax Credit Blockage and classification disputes due … Read more
The Central Board of Direct Taxes (CBDT) is taking strong action against fake donations being claimed under Section 80G of the Income Tax Act, 1961. While Section 80G was introduced to encourage genuine philanthropy, investigations have revealed that some charitable trusts and donors are misusing it to evade taxes.This misuse not only causes loss to … Read more
GST on Online Gaming and Casinos in India have faced big changes after the government applied 28% GST. Whether it’s fantasy sports, rummy, poker, or casinos, this high tax rate has created confusion and debate. 1. Legal Basis of the 28% GST Rule The 28% GST rate is based on: 2. What is the 28% … Read more
1. What is Import of Goods under GST? According to Section 2(10) of the IGST Act, “Import of goods” means bringing goods into India from outside the territory of India. It includes goods brought by air, sea, courier, or post, for business or personal use. Example:You import plastic granules from Singapore to Delhi Port – … Read more
Dealing with foreign payments? Then you’re likely familiar with Form 27Q and Form 15CB under the Indian Income Tax Act. But small errors in filing can lead to hefty penalties, TDS mismatches, or even payment blocks by banks. What is Form 27Q? Form 27Q is a TDS return for non-residents (including NRIs and foreign companies).It … Read more
If your business purchases goods or services from MSMEs, the new Income Tax rule under Section 43B(h) can directly impact your tax calculation. Starting from FY 2024–25, delayed payments to MSMEs can lead to disallowed expenses and increased taxable income. What is Section 43B(h)?(MSME Payment Rule) Section 43B(h) mandates that: Payments to registered MSMEs must … Read more
Are you an NRI earning income both in India and abroad?Are you worried about paying double tax or getting income tax notices from India?This blog explains everything about NRI Taxation 2025 — including the new 120-day rule, DTAA, residential status, foreign income taxability, and tie-breaker rule. 1. Who is an NRI under Indian Income Tax … Read more