Currently, GST is a four-tier tax structure with slabs at 5, 12, 18 and 28 per cent. Luxury and demerit goods are taxed at ...

The new popcorn taxes that India introduced while implementing the Goods and Services Tax has become a hot topic on social ...

A new Budget amendment necessitates suppliers to ensure buyers reverse input tax credits (ITC) before claiming adjustments ...

Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real ...

In situations where a company like Zee Entertainment Enterprises Ltd. (ZEEL) receives a Goods and Services Tax (GST) notice ...

The man and woman were arrested on Jan 23 at Petir Road following a Singapore Customs operation. Read more at ...

The government's retrospective amendment to the Finance Bill 2025 overrides the Supreme Court's ruling from October 2024, ...

The overall gross GST revenue touched Rs 1,95,506 crore in January, data showed. Refunds worth Rs 23,853 crore were issued ...

The GST Act prescribes specific time limits within which orders for raising demands under Sections 73 and 74 must be issued. Additionally, the Act allows the issuance of orders under various other ...

The success of the Centre's ambitious measures under Union Budget 2025 will depend on swift and effective implementation.

The government’s Viksit Bharat vision is reflected in the Union Budget with a persistent focus on ‘Make in India’, export ...

The federal government’s tax holiday started Dec. 14 and will continue until Feb. 15, but some Londoners say that despite the ...