This reduction rather than a complete waiver in GST on gross insurance premium will be beneficial for both policyholders as ...

The Government of India has made a lot of changes in the rules of Goods and Services Tax. Under this, the Input Service ...

The 13-member GoM in its report submitted to the GST Council in December had recommended a GST exemption for premiums paid on ...

Krishna (Fictional Character): Arjuna, the taxpayers should take precautions at the right time i.e., March ending, so that they can save themselves from litigations under GST. The benefit of taking ...

Increase in ITC fraud cases and amount detected in current fiscal, with measures taken to prevent tax evasion.

The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to consolidate ...

The Indian government has introduced significant changes to the Goods and Services Tax (GST) regulations. Starting from April 1, 2025, a new Input Service Distributor (ISD) system will be implemented.

The Input Tax Credit (ITC) allows you to claim credit for the GST paid on business-related purchases. Whether it is raw ...

The government is introducing the Input Service Distributor (ISD) system from April 1, 2025, to improve tax collection on ...

Freelancers and small business owners may find GST registration more complex than anticipated. Requests for additional ...

The court, with the consent of both parties, set aside the impugned order, directing the petitioner to deposit 25% of the disputed taxes within four weeks. This deposit would be adjusted for any prior ...

The GST Council may finalise relief on life and health insurance at its next meeting, with states showing consensus on the ...