- 31 Mar 2026 06:32 PM
- New
A year after scrapping EV levy, Karnataka's new tax raises concern over adoption
According to a bill passed in the Karnataka assembly last week, a tax in the range of 5-10% of a vehicle’s price will be imposed on all EV cars based on their price at the time of registration in the state, which is expected to widen the price gap with less expensive ICE vehicles.
Karnataka’s move to impose a tax on electric cars, a year after waiving levies, could slow down adoption in one of India’s key electric vehicle (EV) markets by eroding their price competitiveness with petrol and diesel vehicles, industry experts said. The shift comes even as other states continue to offer tax breaks to push EV uptake.
- 30 Mar 2026 06:56 PM
- New
Representation for Reform of Husband–Wife Income Clubbing Provisions
The representation seeks reform of the husband–wife income clubbing provisions under Section 64 of the Income Tax Act, 1961, highlighting their impracticality in modern financial contexts. While originally intended to curb tax avoidance, these provisions now create significant compliance challenges due to evolving household financial structures where spouses function as independent taxpayers.
Read More- 28 Mar 2026 04:11 PM
- New
Representation for Reform of Husband–Wife Income Clubbing Provisions
The representation seeks reform of the husband–wife income clubbing provisions under Section 64 of the Income Tax Act, 1961, highlighting their impracticality in modern financial contexts. While originally intended to curb tax avoidance, these provisions now create significant compliance challenges due to evolving household financial structures where spouses function as independent taxpayers.
Read More- 26 Mar 2026 05:55 PM
It’s sad that India’s 16th Finance Commission award has given up a tradition of tax-sharing impartiality
The 16th Finance Commission’s report reveals a centrist bias in vertical tax devolution, its tax-sharing formula among states and its critique of freebies focused just on state-level handouts. Overall, India’s poorer states will lose out as efficiency gets the better of equity.
The Finance Commission is a key pillar of India’s federal fiscal architecture. A constitutional body appointed every five years, it is expected to arbitrate impartially between the central and state governments and among the latter themselves in allocating tax revenues collected by the Central government on behalf of all administrations.
- 25 Mar 2026 06:29 PM
Swiggy follows suit after Zomato raises platform fee per order amid Middle East conflict — check new rate
Food delivery platform Swiggy has increased its platform fee to ₹17.58 per order, according to its app on Tuesday, following a similar hike by rival Zomato in recent days. Swiggy had last raised its platform fee in September of last year.
Read More- 25 Mar 2026 06:33 PM
Never waste an oil crisis: Time to go for market-oriented reforms in India’s oil and gas sector
This shock could be worse than all such shocks of the past. For resilience, we need a central plan for energy to work in tandem with market forces. Let GST take fuel products into its fold, set the pricing of these items free and privatize all state-run oil marketing companies except one.
Read More- 19 Mar 2026 07:04 PM
Impact of GST Rationalisation On Tourism And Hospitality Sector
Source: https://taxguru.in/goods-and-service-tax/impact-gst-rationalisation-tourism-hospitality-sector.html
The Government informed the Lok Sabha that the GST Council, based on the recommendations of the Group of Ministers on rate rationalisation, reduced the GST rate on hotel accommodation services priced up to ₹7,500 per day from 12% with input tax credit (ITC) to 5% without ITC in its 56th meeting held on 3 September 2025.
Read More- 19 Mar 2026 07:13 PM
Sequential Filing of GSTR-1 Before GSTR-3B Made Mandatory
Source: https://taxguru.in/goods-and-service-tax/sequential-filing-gstr-1-gstr-3b-mandatory.html
The Government informed the Lok Sabha about several reforms introduced to simplify Goods and Services Tax (GST) compliance and return filing procedures. Key initiatives include enabling NIL GST return filing through SMS and implementing e-invoicing from August 1, 2023, which auto-populates invoice data into GSTR-1 and facilitates filing of GSTR-3B.
Read More- 19 Mar 2026 07:11 PM
₹88.74 Crore Spent on GST Bachat Utsav Awareness Campaign
The Government informed the Lok Sabha that a total expenditure of ₹88.74 crore was incurred on advertising and promotional activities for the GST Bachat Utsav campaign. The initiative was aimed at creating public awareness about GST rate rationalisation decided during the 56th GST Council meeting held on 3 September 2025.
Read More- 18 Mar 2026 06:38 PM
Impact of GST Rationalisation for Hospitality Industry
Source: https://taxguru.in/goods-and-service-tax/impact-gst-rationalisation-hospitality-industry.html
The Government informed the Lok Sabha that the GST Council, based on the recommendations of the Group of Ministers on rate rationalisation, reduced the GST rate on hotel accommodation services priced up to ₹7,500 per day from 12% with Input Tax Credit (ITC) to 5% without ITC during its 56th meeting held on 3 September 2025. The change was introduced to simplify the tax structure in the hospitality sector and reduce transaction costs.
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