India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance.

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

The Finance Bill 2025 proposes 11 significant amendments to GST provisions, addressing anomalies and introducing new mechanisms. Effective April 2025, input tax credit (ITC) distribution by input ...

It may be noted that GST rate on hotel accommodation depends on the amount paid per room accommodation per day. Presently from 18.7.2022 onwards, GST is 12% for a room in a hotel which would cost upto ...

BHUBANESWAR: The directorate general of GST intelligence (DGGI), Bhubaneswar zonal unit, has arrested three persons for their ...

The aviation major has received two GST-related penalty orders worth ₹115.86 crore, which are currently being contested.

The latest demand imposes a GST liability of Rs 7.47 crore, including tax and penalty, on Paytm for allegedly availing ...

The government’s Viksit Bharat vision is reflected in the Union Budget with a persistent focus on ‘Make in India’, export ...

Six leading pharmaceutical companies, Sun Pharmaceutical Industries, Ipca Laboratories, Indoco Remedies, Aurobindo Pharma, ...

Putting carbon dioxide from power plants and industrial facilities underground where it won’t contribute to global warming ...