On May 6, 2024, the Treasury Department published TD 9996, “Relief Provisions Respecting Timely Allocation of GST Exemption and Certain GST Elections.” These regulations address the circumstances and ...

Court held that Section 74 proceedings cannot be initiated when tax and interest are paid before issuance of notice under ...

The GST Council has approved a major overhaul of the Goods and Services Tax system, slashing rates on several everyday items. Roti, hair oil, ice creams, and televisions are set to become cheaper. We ...

Tirupati: The joint commissioner (state tax) of Chittoor, A Ravindranath Reddy, held a meeting with medical and drug ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels The Goods and Services Tax (GST ...

IMF urges careful monitoring of GST and income tax cuts, projecting robust growth amid favorable domestic conditions in India ...

A practical guide on how India taxes imported digital services, explaining GST under RCM and when TDS applies. Key takeaway: Buyers, not sellers, bear compliance and potential extra ...

Rising middle-class incomes and tax reforms are boosting discretionary spending, driving strong growth in India’s tourism and ...

Understanding when GST is applicable in an SMSF can help mitigate unnecessary tax impacts, a leading educator said.

If you’ve recently become a grandparent, you may be considering making a gift to the newest member of the family. However, before taking action, it’s important to understand how the ...

Mukesh Ambani-led Reliance Industries has received a Rs 56.44 crore GST penalty from the Joint Commissioner of CGST, ...