Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
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.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
