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GST on corp guarantees: SC to offer clarity

Bengaluru: A clarity on the contentious provision of levying GST on corporate guarantees between two related entities will emerge only after the Supreme Court gives its final word on the subject, and until then, holding companies are likely to keep getting demand notices, a section of GST officials told ET. Several companies caught in the […]

I cannot give you the formula for success, but I can give you the formula for failure. It is: Try to please everybody. David Oswald

Budget updates 2022- Direct Tax

Most firms have set up a war room to triage their immediate response to the crisis. But the lack of visibility around future demand complicates efforts to restart stalled portfolio companies…

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