With consumption accounting for over 60 percent of India's GDP, boosting disposable income is critical to reviving demand ...

The 5.97% year-on-year growth in GST mop-up in the first six months of 2024-25 was the slowest in four years, but the collection of ₹6,518.57 crore during the October-December quarter on account of be ...

Three back-to-back GST Council meetings were held last year. These meetings saw major announcements, including changes in tax ...

Business owners in Delhi feel neglected with political promises unfulfilled, facing difficulties like GST complexities, lack ...

In past couple of years, there have been notable updates to India’s Goods and Services Tax (GST) and Tax Collection at Source (TCS) under Income Tax Act, 1961 regulations affecting travel agents and ...

Life insurance companies are petitioning to avoid the exemption of term insurance policies from the GST levy. They argue that ...

Liberal leadership candidate Karina Gould says that she wants to make the GST exemption permanent for essentials like children's clothes, food and diapers. Gould attended a Liberal caucus meeting on ...

Summary: The applicability of interest on delayed GST payments hinges on whether the liability was offset using balances in the E-cash or E-credit ledger. Section 49 of the CGST Act, 2017, allows ...

1. IGST Recovery: The primary component of the demand is Rs 2.54 crore, which the authorities claim ONGC owes for the ...

With a remarkable annual growth rate of 15.5 per cent, the technology sector is poised for even greater expansion, however, ...

I’m not a fan of the sales tax holiday as economic policy. But in a world of proliferating junk fees, I love it as a model of ...

Canada's annual inflation rate slowed to 1.8 per cent in December after rising 1.9 per cent in Novem ber, as the temporary ...