GST, an indirect tax on the supply of goods and services in India, is currently applied at 18% on health and life insurance ...

A ministerial panel is considering a 5% GST with input tax credit on term insurance plans. The panel, headed by Bihar deputy ...

In the electronic commerce space, vouchers have become a widely used tool to enhance customer engagement, drive sales, and ...

The GST Tax Exemption GSTs still serve as tools ... to their pre-Act amounts unless Congress extends them. What Are the Benefits of a Generation-Skipping Trust? A generation-skipping trust reduces ...

Sandeep Tandon, CIO of Quant Mutual Fund, believes assertive body language from PM Modi indicates determination to boost ...

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

The instruction emphasizes that departmental appeals should not disqualify eligible taxpayers from availing of the benefits of Section 128A. It also directs proper officers to withdraw such appeals or ...

For her, the three major areas the government needs to focus on are taxation, R&D incentives, and public-private partnerships ...

Currently, electric vehicles (EVs) benefit from a reduced GST rate of 5 per cent to promote adoption. However, key components such as lithium-ion batteries are taxed at 18%, creating a financial ...

BENGALURU: Goods and Services Tax (GST) is crucial for revenue collection, compliance, and economic growth. The Finance Bill ...

Upon appeal, the AAAR upheld GAAR’s ruling, rejecting Riddhi Enterprise’s argument. The ruling referenced previous cases, ...

TORONTO - Members of the restaurant industry are calling on the federal government to make the GST holiday permanent, even though some businesses have yet to see much impact from the tax break.