Karnataka Vegetable Vendor Faces ₹29 Lakh GST Over Digital Payments
Haveri, Karnataka: A small vegetable vendor, Shankargouda, has received a shocking GST notice of ₹29 lakh for digital transactions amounting to ₹1.63 crore over the past four years — simply because he accepted UPI and wallet-based payments. Despite government rules stating that fresh, unprocessed vegetables are GST-exempt if bought directly from farmers, Shankargouda’s digital trail […]
Bharat Bandh on July 9: What’s Behind the Nationwide Strike?
India is set to witness a massive nationwide general strike ‘Bharat Bandh’ on Wednesday, July 9. As over 25 crore workers across key sectors prepare to walk off the job. The strike is being called by a joint platform of 10 central trade unions and supported by workers from the public and private sectors alike. […]
Centre Slashes Customs Duty on Crude Edible Oils to Cool Soaring Prices
In a major move to provide relief to households ahead of the upcoming festival season, the Central Government has slashed the Basic Customs Duty (BCD) on crude edible oils like crude sunflower, soybean, and palm oils from 20% to 10%. This change narrows the import duty gap between crude and refined edible oils from 8.75% […]
Income Tax Bill 2025: Government’s Power to ‘Override’ Online Access Codes Raises Privacy & Compliance Concerns
New Delhi | The proposed Income Tax Bill 2025 introduces new provisions empowering tax authorities to override online access controls, allowing them to bypass passwords and encryption during search and seizure operations. While officials claim these changes aim to modernize tax enforcement, they have triggered privacy concerns among digital rights advocates and financial experts. What’s […]