CBIC regularizes rate disputes on popcorn categories, clarifies GST rates based on ingredients and packaging, resolving interpretation issues.

The government has introduced mandatory reporting of Harmonized System of Nomenclature (HSN) codes in Table-12 of GSTR-1 to enhance tax compliance and ...

At present, violators have to pay Rs 2,000 as fine for getting their articles released from the municipal corporation (MC).

Under TNOGA's rules, real-money gaming platforms have to impose 'blank hours' between midnight and 5 am, disabling login ...

As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total ...

If inflation holds around the level it is for some time, this may have broader connotations for consumption and growth impulses gathering fresh steam ...

One of the most popular Indian cricketers is said to own 70 bikes and at least a dozen luxury cars. Data from the Federation ...

President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods ...

Sri Lanka has the lowest tax revenue collected through Value Added Tax (VAT) in South Asia while Maldives with a lower tax ...

Understanding who will end up paying for the higher costs means understanding how manufacturing, trade and supply chains function — and how costs build along each step of the complex process. Take ...

Value-added taxes are common in Europe; President Trump calls them unfair.

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...