Starting from February 2025, taxpayers will need to report HSN codes in GSTR-1 and GSTR-1A forms by selecting the appropriate ...

In past couple of years, there have been notable updates to India’s Goods and Services Tax (GST) and Tax Collection at Source (TCS) under Income Tax Act, 1961 regulations affecting travel agents and ...

The GST Council (Goods and Service Tax) recently announced a bewildering array of extra tax rates for popcorn, sparking an understandable backlash among economists, businesses, and consumers alike.

Summary: The applicability of interest on delayed GST payments hinges on whether the liability was offset using balances in the E-cash or E-credit ledger. Section 49 of the CGST Act, 2017, allows ...

President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday remarks to the World Economic Forum in Davos. He also delivered a smattering of ...

President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay ...

Instead of imposing restrictions on the bancassurance channel, there should be an internal assessment to ensure proper and ...

Learn how Bitcoin investors can avoid tax fraud with this comprehensive guide on taxable and non-taxable transactions, global ...

With consumption accounting for over 60 percent of India's GDP, boosting disposable income is critical to reviving demand ...

An overwhelming 86.7 percent of the CEOs surveyed have sought for a simple GST and a reduction in income taxes to spur ...

The economy's current challenges, including inflationary pressure and declining reserves, require a coordinated approach to fiscal and monetary policy ...

The main aims of harmonising regional domestic taxes are eliminating harmful tax competition and promoting the region as a ...