The Union Budget 2025-26 introduces several amendments to indirect taxes, covering GST and customs. In GST, changes include allowing Input Service Distributors to distribute input tax credit for inter ...
The GSTR-2B (input tax credit) statement will now be generated ... after the buyer has generated his GSTR-2B, the buyer has to use the ‘recompute’ option to generate the updated GSTR-2B.
Startups are also calling for specific reforms such as permitting the use of input tax credits for Reverse Charge Mechanism (RCM) payments to reduce cash outflow burdens and allowing IGST and CGST ...
New Jersey residents can now take advantage of IRS Direct File, a free and secure online tool for filing federal and state ...
In this new advisory by GSTN, buyers have been asked to use the ‘recompute’ feature ... the IMS portal can be used to claim lesser input tax credit by eliminating certain purchases but new ...
The review petition filed by the Finance Ministry is expected to come for hearing by end of February, when the apex court may ...
In a general procedure hearing that was later moved under the informal procedure rules and rendered on December 17, 2024, the ...
As of the latest, Vedanta delivered a 62.5% return over the past year. Over the last six months, the share price of Vedanta ...
Three developers have proposed mixed-use projects on the property. All would include commercial space and housing. One ...
Besides, false tax credit claims and use of shell companies to issue fake ... reduce fraudulent input tax credit claims, and improve accuracy in tax reporting. “IMS will streamline the audit ...
An "enhanced" version of the IRS' Direct File program launched this year, with availability in roughly twice as many states as last year.