According to Phayul, Chinese military courts found both officials guilty of accepting massive bribes and misusing their authority while ser...

Global investment firm Carlyle has acquired a majority stake in US healthcare revenue cycle management providers Knack RCM and EqualizeRCM....

EEPC India recommends the government to introduce faceless GST audits to help MSMEs reduce compliance costs and concentrate on growth. They...

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...

AAR observed that the holding company had “tolerated the act” of receiving payment after a lapse of a period of 120 days from the date of t...

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

The mechanism, an anti-tax-evasion measure to ensure transactions by unregistered people don’t escape tax, was to kick in from July 1 this ...

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...

Finance ministry says intra-state movement of goods in five states will require the electronic tool from April 15 as part of the planned ex...

"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...

However, if an unregistered supplier of gold ornaments sells it to registered supplier, the tax will apply under reverse charge mechanism.

The point in time when a service shall be deemed to have been provided is determined based on Point of Taxation Rules, 2011.