Articles by Sahil Jaiswal

Income Tax Notices on the Rise: Reasons Behind the Surge and How to Respond Effectively

Sahil Jaiswal 18 September 2024 at 11:03

Understanding why these notices are being issued more frequently and how to respond effectively can help taxpayers manage their tax compliance better.

Special Procedure for Rectification of ITC Orders: GST Council's Proposed Procedure

Sahil Jaiswal 14 September 2024 at 13:19

The recent recommendations from the 54th GST Council meeting, held on September 9, 2024, include important updates concerning rectifications procedure for Input Tax Credit (ITC) orders.

Direct Tax Code (DTC): Key Features, Challenges and Criticisms

Sahil Jaiswal 03 September 2024 at 10:51

The goal of the DTC is to create a tax system that is easier to understand, more equitable, and capable of generating revenue efficiently without causing undue hardship to taxpayers.

GST on Insurance Premiums: GST Council to Review Removal of 18% GST

Sahil Jaiswal 19 August 2024 at 11:05

In a move that could significantly impact policyholders and the insurance sector, the Goods and Services Tax (GST) Council is set to review the current 18% GST on insurance premiums.