tax implications

GST has to be paid on discounted price: CBIC

September 14, 2025

Decoding GST on Discounts: What Businesses Need to Know The world of Goods and Services Tax (GST) can sometimes feel like navigating a maze. Just ...

NRI banking explained: How NRE and NRO accounts differ; and which one works better for you

August 26, 2025

NRIs have specialized account options in India: NRE for foreign earnings and NRO for Indian income. NRE accounts offer tax-free interest and unlimited repatriation, ideal ...

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DFS secy urges PSBs to boost global competitiveness and governance

September 13, 2025

Level Up: How India’s Public Sector Banks Can Dominate the Global Stage The winds of change are sweeping through India’s public sector banking landscape. It’s ...

GST has to be paid on discounted price: CBIC

September 13, 2025

Decoding GST on Discounts: What Businesses Need to Know The world of Goods and Services Tax (GST) can sometimes feel like navigating a maze. Just ...

GST revamp: Goods and services tax not applicable on these post-sale discounts; here is what experts say

September 13, 2025

The Central Board of Indirect Taxes and Customs provides clarity on Goods and Services Tax. GST will not apply to post-sale discounts offered by manufacturers ...

Chinese auto market: Govt unveils plan to ‘stabilise’ sector; emphasis on ‘cost surveys and price monitoring’

September 13, 2025

China has introduced a two-year plan to stabilize its car industry amidst price wars and trade tensions. The initiative, spearheaded by eight government departments, focuses ...

China gold licences: Yellow metal’s largest buyer to ease rules; continues to diversify away from dollar reserves

September 13, 2025

China is easing gold import/export licensing, aiming to diversify reserves from the US dollar. The People’s Bank of China (PBOC) plans to broaden the use ...