Year: 2022

India Inc. under the Microscope

Introduction The Goods and Service Tax (GST) was and is a transformation change implemented in July 2017 with an aim to subsume various taxes and allow a seamless flow of credit. Doing away with various points of taxation, GST introduced the simple “Supply” as a concept to trigger the taxation.…
Read More

The Handshake between the Kangaroo and the Tiger to keep the Dragon at bay. A take on the ECTA between India and the Australia (AIECTA)

Introduction Big time for collaboration between the Tiger and the Kangaroo. Especially with the dragon breathing down fire just at the corner of the road. Shri Piyush Goyal, Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Government of India, on 2nd of April 2022…
Read More

UNION BUDGET 2022 – THE INDIRECT TAX IMPACT

Union Budget 2022-23 The much awaited Union Budget has been presented by the Hon’ble Finance Minister. The FM has tabled the Finance Bill 2022 which will become Finance Act 2022 after it receives the Presidential Assent. The Hon’ble FM made a departure from a prepared speech to share her joy…
Read More