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New Rules Alert! 5 Big Shifts from May 1That Will Impact Your Home and Wallet
As May 2025 dawns, some important rule changes have taken place inIndia. These changes will have a direct bearing on family budgets, banking...
![RBI Notifies Revised Guidelines for Opening and Operation of Minors’ Bank Accounts [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/04/Reserve-Bank-of-India-RBI-banking-norms-for-minors-Bank-Accounts-taxscan.jpg "RBI Notifies Revised Guidelines for Opening and Operation of Minors’ Bank Accounts [Read Notification]")
ATM Management Services Provided to Banks Not Liable to VAT as No Sale or Transfer of Ownership or Possession involved, only Service Tax Applies: Karnataka HC [Read Order]
The High Court of Karnataka has held that the Automated Teller Machine (ATM) Management Services provided by service provider companies to the banks are not liable to Value Added Tax (VAT) as there...
![ATM Management Services Provided to Banks Not Liable to VAT as No Sale or Transfer of Ownership or Possession involved, only Service Tax Applies: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ATM-Management-Services-ATM-Banks-Not-Liable-to-VAT-VAT-Transfer-of-Ownership-Possession-Service-Tax-Applies-Karnataka-High-Court-taxscan.jpg "ATM Management Services Provided to Banks Not Liable to VAT as No Sale or Transfer of Ownership or Possession involved, only Service Tax Applies: Karnataka HC [Read Order]")
Relief to Tata Communications Payment Solutions: Bombay HC orders to release ATM machines seized during Property Tax Recovery [Read Order]
In a major relief to Tata Communications Payment Solutions Ltd, the petitioners, the Bombay High Court ordered to release the ATM machines seized during property tax recovery. The Counsel for the...
Illegal Timber Sales with Fake Bills and Fake Firms in Uttarakhand: GST Dept reveals Tax Evasion of Crores
Uttarakhand Goods and Services (GST) Department uncovered the avoidance of crores of rupees via illegal timber sales using false bills. According to reports, they set up a number of fictitious...
