Multinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...

A civil society group has asked West Bengal Chief Minister Suvendu Adhikari to stop State Bank of India from moving key processing centres ...

In a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...

Major accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...

India's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...

The Delhi High Court has stopped the GST department from taking action against IndiGo's parent company. This is regarding a ₹458 crore GST ...

Banks in India have paused gold and silver imports since April 1, pending an annual government notification that provides tax clarity for b...

The immediate net consumer impact could be 3-5% higher prices, or roughly similar to what consumers paid before the late-September cuts in ...

GST cases: Smruti Waghdhare, proprietor of M/s Platinum International, had challenged seizure orders dated June 27 and June 28, 2023 issued...

The Directorate General of GST Intelligence (DGGI) has been investigating these companies for allegedly floating shell companies to pay hig...

According to the department, their investigation found that M/s. Om Impex and two other firms viz. M/s Brijeshwari Enterprises and M/s Chet...

The tax department would want the real estate developers to pay up GST, fine and interest that would run into crores of rupees, say industr...

CBEC is set to clarify that common function like HRs should be out of the GST gamut

So far, the government had been trying to lighten the compliance burden on businesses due to the complexity of the new tax regime.

There will be 21 commissionerates in the GST Mumbai zone, pared down from the existing 27 under the Service Tax and Central Excise departme...

The department is hopeful that all those who have not yet migrated, will do so by the month-end. The last date for migration to GST is Apri...

There are 1.8 lakh active service tax assesses in the Mumbai zone alone, said Patnaik who was speaking on the sidelines of GST outreach wor...