The proposal under consideration aims to eliminate the 12% GST slab, thereby streamlining the current four-rate system — 5%, ...

It is important to note that, in case of RCM payable for Sr No 1 and 2 shall be payable on monthly basis, whereas for Sr No 3 ...

With a focus on simplifying the indirect tax regime and addressing anomalies in the existing Goods and Services Tax (GST) ...

Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. This was despite recognising that cement - along with automobile parts - remained ...

Freelancers can claim deductions for expenses directly related to their work. These include internet bills, rent for a co-working space, cost of software tools, professional fees, marketing and ...

The Income Tax Department has enabled online filing for ITR-1 and ITR-4 forms for AY 2025-26. Experts decode eligibility, benefits of early filing, and major updates. Plus, a crucial checklist of five ...

The government is focused on simplifying the indirect tax regime and addressing anomalies in the existing GST rate structure, sources said.

Shiva Industries had challenged refund orders issued on April 22, 2022, and June 23, 2022, by the Deputy Commissioner, CGST ...

India’s food processing sector is at an inflection point, driven by rising domestic demand and enabling government policies.

The Allahabad High Court on May 29 dismissed Patanjali Ayurved Ltd's challenge to a 273.5-crore Goods and Service Tax (GST) penalty.

The Allahabad High Court on May 29 dismissed Patanjali Ayurved Limited's challenge to a ₹273.5-crore Goods and Service Tax (GST) penalty. The Bench comprising J ...

Recently, a two-judge Bench of the Supreme Court of India put to rest disputes regarding the constitutional validity of the ...