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

The government has clarified that no bank, NBFC, regulated entities (REs) can charge Goods and Services Tax (GST) on penal ...

BENGALURU: Goods and Services Tax (GST) is crucial for revenue collection, compliance, and economic growth. The Finance Bill ...

Budget introduces significant amendments to the CGST Act, 2017. The definition of Input Service Distributor (ISD) under Section 2(61) is revised to facilitate ITC distribution for inter-state supplies ...

Kentucky lawmakers completed their work Tuesday to reduce the state’s individual income tax rate, delivering on a top ...

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

Union Budget 2025-26 introduces key amendments to GST laws to enhance trade facilitation. Starting from April 1, 2025, input tax credit distribution will be allowed by Input Service Distributors for ...

The budget enhances economic pillars, boosting infrastructure, manufacturing, exports, and consumer spending. Tax cuts return ...

Finance Minister Nirmala Sitharaman on Saturday announced changes in the Goods and Services Tax (GST) laws under the Union ...

As Union Budget 2025 approaches, real estate stakeholders are urging the government to introduce key reforms, particularly in ...

The government's amendment to the Finance Bill 2025 overrides the Supreme Court's 2024 ruling and disallows input tax credit ...