Safe Harbour Rules grant businesses immunity from detailed tax scrutiny if they adhere to predefined pricing norms under the Income-tax Rul...

Industry bodies FICCI and Assocham have urged the finance ministry to allow input tax credit (ITC) for real estate developers on commercial...

The move is aimed at plugging the loophole that house owners used to lower their tax liability. "The amendment will take effect from the 1s...

Tax experts hailed the record-breaking GST collection of Rs 2.10 lakh crore in April, attributing it to a robust economy and effective audi...

GST Collections: India's Goods and Services Tax (GST) revenue has witnessed a notable upswing, reaching ₹1.72 lakh crore in January 2024, m...

Budget 2023 increased tax collection at source (TCS) for foreign remittances under LRS from 5% to 20%. This will apply to foreign trips, se...

The gross goods and service tax (GST) revenue collection in the month of February 2023 stood at Rs 1,49,577 crore, up around 12% on an annu...

Co-working operators and tax experts have urged the Centre for a simplified GST registration for firms operating from a shared space. The r...

West Bengal Finance Minister Chandrima Bhattacharya on Wednesday presented a Rs 3.39-lakh crore budget for 2023-24, with a proposal to waiv...

The finance ministry said in the 48th GST Council meeting that there is no procedure for claim of refund of tax borne by unregistered buyer...

“Furthermore, going by experience in such cases, the input tax credit (ITC) of GST on this rent paid by corporates may be disputed by the G...

Tax Connect Advisory Services Partner Vivek Jalan said this is a big relief for importers and GST taxpayers. "In fact those taxpayers who h...

The late fee for non-furnishing of GSTR-3B for July 2017 to April 2021 has been capped at Rs 500 per return for those taxpayers who did not...

Exports have been adversely impacted by the pandemic-related contraction in external demand, RBI Governor Shaktikanta Das said during a vir...

As per a market survey by Tributes. in, the newspaper obituary and remembrance advertisement market size is estimated at more than Rs 350 c...

The revision of January IIP growth numbers from 6.8 per cent to a drastic 1.1 per cent has taken economists by surprise.

Imagine an India where political parties give tickets according to a candidate’s ability to deliver. Where representatives charge-sheeted i...