An additional excise duty on cigarettes and tobacco products, and a health cess on pan masala, will come into effect from 1 February.

FM Nirmala Sitharaman has made a clear shift in India’s tax philosophy, from fear-driven enforcement to trust-based, corrective compliance. The proposals narrow criminal liability, encourage voluntary ...

GST law bars returns after three years, but an approval-based unbarring facility offers limited relief. Filing is possible ...