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

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

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

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 ...

The need of the hour is to expand the tax base because in a country of 140 crore, 3 crore is already abysmally low and it ...

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

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, ...

Petrol and diesel are exempt from the Goods and Services Tax (GST) and are instead subject to a mixture of Value Added Tax ...