An ideal allocation between gold and silver should depend on an individual’s risk appetite, financial goals and investment goals, Guha unde...

IDFC FIRST Bank's FIRST EARN and Hello Cashback credit cards offer straightforward cashback on daily transactions, maximizing savings witho...

The Supreme Court will review if GST applies to companies paying municipal bodies for road restoration after utility work. This follows a G...

Maruti Suzuki's March quarter net profit declined due to mark-to-market losses, input costs, and production constraints. The company is exp...

KPMG Indirect Tax Head & Partner Abhishek Jain said the amendments proposed are aligned with the apex court's ruling in the case of Mohit M...

Goods Transport Agencies (GTA) in India have until May 31 to exercise the option of paying Goods and Services Tax (GST) on a forward charge...

The new norms stipulate that from July 18, when an 'unregistered person' (for example, a salaried individual or small businessperson) gives...

As per the survey, 53% and medium and small enterprises see funding/loans and finding growth as top challenges in 2021.

As per the GST framework, the burden of tax payments on certain services and raw materials used in the input or making of the product is on...

The survey, conducted by community platform LocalCircles in which over 4,400 entrepreneurs participated, found that 11% of respondents were...

Given that there is a large set of "unregistered" parties in this sector, the concept of reverse charge in GST carries significance.

The GST Council had suspended the provision for deduction of TDS and collection of TCS, as well as implementation of reverse charge mechani...

The ministry, in a statement said, doubts are being raised about the manner of filing the quarterly return by composition dealers in Form G...

"A total of 8.10 lakh returns were filed by Composition Dealers paying a total of Rs. 335.86 crores as GST," said Ministry of Finance in a ...

Under the reverse charge mechanism, a person receiving goods or services collects the GST levied and deposits the tax with the government.

“We are slowly tightening the noose and these two steps alone will help us increase our collections by around 25%,” said a senior governmen...

Legal services, including representational services, provided by advocated are covered under reverse charge of GST, it said.