Wyoming Sen. John Barrasso and 14 other Republican senators have introduced a bill that would repeal the $7,500 tax carbuyers ...

Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real ...

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

The Directorate General of GST Intelligence (DGGI) has busted an allegedly bogus Input Tax Credit (ITC) claims fraud of Rs ...

Over a dozen Republican senators are behind two bills that would not only eliminate the EV tax credit, but also tax electric ...

Nvidia reduced its stake in British chip firm Arm Holdings by about 44% and exited its holdings in Serve Robotics and ...

The Supreme Court ruling allowing ITC on leased properties faces uncertainty with a retrospective amendment proposed in the ...

The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) have released final regulations for two new tax credits under ...

ITC Refund Challenges for Exporters Who Cancel Their GST Registration A Case Study on GST Procedural Hurdles and System Limitations Sri Shanmuga Hardwares ...

Insurers argue that a complete exemption will lead to denial of input tax credit and the increased costs will have to be ...

DGGI uncovers 1,196 crore tax fraud involving fake invoices, e-way bills, shell entities, and bogus companies.