The GST council met on Saturday. It decided to not tax gift vouchers. Used cars purchased by businesses will face an 18% tax. This includes...

The GST Council is contemplating exempting gift vouchers from GST and reducing tax rates on insurance premiums. They are also considering a...

The GST Council declared that voucher transactions will not be subject to GST, providing relief to retailers. This decision clarifies that ...

The 55th GST Council meeting in Jaisalmer deliberated on tax relief for insurance, increasing the tax rate on used EVs to 18%, clarifying t...

E-commerce websites like Amazon, CRED, others oftentimes runs free to play gaming contests like spin-the-wheel and others. For the purpose ...

Top credit cards: ET Wealth Online lists credit cards from the top banks in India offering the best cashback deals.

Some vouchers have GST levied on them at the time of purchase, which leads to double taxation when they are used to buy goods or services t...

Do you use the Axis Bank Magnus credit card or the Axis Bank Reserve credit card? The private sector lender has revised reward points, annu...

Rs 10,000-card is the most sold denomination, followed by Rs 5,000, and Rs 1,000. The card allows couples to book holiday packages, hotels,...

The ever-growing demand of vouchers is being satiated by companies who procure vouchers from their issuers and supply them to buyers. Till ...

While the term ‘business’ has been defined under the Central Goods and Services Tax Act, 2017 (the CGST Act), there is no definite yardstic...

Using financial technologies to revolutionise the life of the common man is an ambitious project of the PM. He has been encouraging startup...

Levying Goods and Services Tax (GST) on gift vouchers and gift cards has been a complicated matter that may just have been eased out follow...

Government is offering you a window where you can avoid paying Rs 30,000 without going on a , provided you spend Rs 3 lakh to purchase a ca...

Employee and company should not be treated as different persons to charge tax on every transaction between them. But some GST entries defy ...

Small and medium sized retail business houses have written a letter to the Finance Minister and Chairman of the GST Council seeking two mon...

The rules, released by the CBEC, provide for maintaining separate account or records for each activity, including manufacturing, trading an...