Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
The central bank revised its FY26 real GDP forecast up to 6.8% and lowered the CPI inflation projection to 2.6%, citing an above-normal monsoon and GST rate rationalisation that should temper inflation while supporting consumption and growth; it noted US tariffs may constrain exports. Quarterly growth is projected at 7.0% (Q2), 6.4% (Q3), and 6.2% (Q4), with Q1 FY27 estimated at 6.4%. Quarterly CPI projections are 1.8% (Q2), 1.8% (Q3) and 4.0% (Q4), with Q1 FY27 at 4.5%; core inflation remains contained.
The central bank revised its FY26 real GDP forecast up to 6.8% and lowered the CPI inflation projection to 2.6%, citing an above-normal monsoon and GST rate rationalisation that should temper inflation while supporting consumption and growth; it noted US tariffs may constrain exports. Quarterly growth is projected at 7.0% (Q2), 6.4% (Q3), and 6.2% (Q4), with Q1 FY27 estimated at 6.4%. Quarterly CPI projections are 1.8% (Q2), 1.8% (Q3) and 4.0% (Q4), with Q1 FY27 at 4.5%; core inflation remains contained.
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