The advent of the Goods and Services Tax (GST) in India marks a pivotal transformation in the nation’s indirect tax structure, fostering a cohesive and streamlined market. Among the various sectors reshaped by GST, the realm of Online Information and Database Access or Retrieval (OIDAR) Services stands out due to its inherently digital nature and … Continue reading Unveiling the High-Stakes Impact of GST on OIDAR Services
Category: insight
Understanding Condonation of Delay in Indian GST Appeals
Navigating the Indian GST framework can be challenging, especially for tax professionals tasked with filing appeals within strict deadlines. Despite best efforts, there are instances where appeals might be delayed beyond the initial three-month period allowed by law. In such cases, a request for condonation of delay becomes necessary. The legal landscape for condonation of … Continue reading Understanding Condonation of Delay in Indian GST Appeals
Upcoming Economic Data to Shape the New Government’s Economic Narrative
Next week, crucial economic data releases will set the stage for the new government’s policy framework. Five key high-frequency indicators will be unveiled, and apart from GST collections, all are expected to surpass estimates. GDP and Fiscal Deficit Data The Government’s Statistics Office will release the growth data for FY24 and Q4 of FY24 on … Continue reading Upcoming Economic Data to Shape the New Government’s Economic Narrative